The federal government is debating a law that would give fathers two weeks of paid leave after the birth of their child. The software company SAP is now even offering six weeks. "We want to show that family compatibility and career development are not contradictory," said Cawa Younosi, head of human resources at SAP in Germany. He expects 700 to 800 fathers per year if more than 90 percent of those eligible accept the offer. This is expected to incur costs of several million euros per year.
German Chancellor Olaf Scholz has called for a nationwide effort to regain economic momentum, dubbed the "Germany pact." Can it succeed, or is it just PR?
Olaf Scholz economic Germany pact : Substance or spin? – DW – 09/10/2023 thestreetjournal.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreetjournal.org Daily Mail and Mail on Sunday newspapers.
IN German, the term Sommerloch is used for what some call a summer slump. We know this summer gap occurs every year, and investors also retreat a bit into the shade. This year, das Sommerloch in Germany is, unfortunately, more than just temporary when it comes to the economy.