Deutsche Bank CEO Urges Faster German Reforms, Labour Flexibility

Germany needs to speed up economic reforms, according to Deutsche Bank's chief executive, who also pushed for more flexible labour laws. The call adds to a broader debate about how Europe's largest economy can strengthen growth and attract investment. Business leaders have increasingly warned that delays in modernization risk holding back competitiveness.

The CEO's message focused on the pace of change. While Germany has begun discussing measures to cut bureaucracy and support industry, the bank leader suggested the current rhythm is not fast enough. Flexible labour rules, he said, would help companies adapt to shifting demand and technological change. That view aligns with long-standing requests from employers who say rigid regulations make hiring and restructuring harder.

Labour market flexibility is sensitive in Germany, where unions and workers' groups defend protections built over decades. Any attempt to alter rules on working hours, dismissal, or temporary contracts is likely to face political resistance. Still, proponents say targeted changes could improve participation and help address skill shortages without weakening core safeguards.

The intervention by Deutsche Bank's CEO highlights pressure on Berlin to act. As global competition intensifies and the economy faces structural headwinds, investors will watch whether reform proposals move from discussion to legislation. The debate is likely to shape Germany's policy agenda in the months ahead.