Germany unveils relief measures to prop up construction industry

BERLIN, Sept 25 - German Chancellor Olaf Scholz's government said it was shelving proposed building regulations on Monday as part of a 45 billion euro relief package to prop up a construction industry stricken by high interest rates and rising costs.

Abolition of the insulation standards has been a top demand of industry, which says the measures are too expensive. The chancellor said the government is exploring the option of serial construction to speed up the process, a production method used in other sectors, like the automotive industry.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Stocks slump, struggle to shake off Fed rate worries: Stock market news todayWall Street stocks struggled to advance on Monday, as the Federal Reserve's 'higher for longer' interest rate strategy continued to pile on pressure as a US government shutdown loomed.
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

Stocks struggle to shake off Fed rate worries: Stock market news todayWall Street stocks struggled to advance on Monday, as the Federal Reserve's 'higher for longer' interest rate strategy continued to pile on pressure as a US government shutdown loomed.
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

UK stocks kick off week lower, Entain drops to over 2-1/2-year lowMarket News
Источник: KitcoNewsNOW - 🏆 13. / 78 Прочитайте больше »