FILE PHOTO: Workers are seen at a construction site for a residential building, in BerlinBERLIN - The German government will put on indefinite hold plans to require more stringent building insulation standards, environment minister Robert Habeck told Reuters, an effort to help prop up the ailing building industry.
"High interest rates and inflation are a heavy burden for the construction industry," Habeck told Reuters, noting that the insulation measures now "can wait". German housing prices fell by the most since records began in the second quarter, the latest grim sign for the property market in Europe's largest economy, government data showed on Friday.