Germany to scrap plan for tougher building rules
Building permit applications are down 27% compared to last year, Berlin will spend €18 billion by 2027 to kickstart the sector The German government has agreed on a package of measures to support a struggling construction and housing industry. Among the changes are relaxed environmental codes. Germany's government on Monday agreed to a 14-point plan to address a growing housing crisis in the country. It comes on the day of a crucial meeting of building industry and government leaders, with Chancellor Olaf Scholz in the face of a depressed construction and housing industry. "More affordable housing must be built in Germany. That means we must greatly expand our activities in the building sector," said Scholz in Berlin after his crisis meeting with representatives from the German construction industry. What is in the government's plan to tackle the housing crisis? Scholz, who spoke alongside Housing Minister Klara Geywitz, said his administration will...