A new study by the ifo Institute highlights that excessive bureaucracy in Germany imposes an annual cost of up to €146 billion on the economy. The report emphasizes the urgent need for reforms, particularly in digitalizing state services, which could increase GDP by €96 billion if improved to match Denmark’s level. The Munich Chamber of Commerce has called for a bureaucratic moratorium to streamline regulations and documentation requirements. Economists urge government action to enhance Germany’s industrial competitiveness through reduced regulations and lower energy prices.