Bundesbank chief calls for German tax cuts to boost investment

The head of Germany’s central bank has urged the government to cut taxes, reduce bureaucracy, boost the workforce and increase the carbon levy to rekindle the country’s fading attractiveness to investors.

Joachim Nagel, president of the Bundesbank, said investors were increasingly avoiding Europe’s largest economy, which “lags far behind in terms of growth” in international comparisons.

Source: Financial Times