Skip to content
Daily News
Landlord SBB Gets $720 Million Cash Boost In Brookfield Deal
Ex-Goldman Sachs Trader To Lead Greece’s Leftist Syriza Party
Published by: dailynews
Published on:

Germany Drops Stricter Building Standards To Support Industry

Published by: dailynews
Published on:

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.

The about-face from the German government comes ahead of a closely watched meeting between the building industry and government leaders with Chancellor Olaf Scholz on Monday to address a major slump in the sector.

Abolition of the insulation standards has been a top demand of industry, which says the measures are too expensive and put a further damper on the depressed construction industry.

Read the full story onĀ Bloomberg here.