Germany's KfW development bank has again lowered interest rates for building EH55 efficiency houses, shortly before the funding program's end. Some 550 million euros remain in the budget due to low uptake. This contrasts with generally rising credit rates.

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The German economy has massively lost competitiveness. In an RND interview, KfW chief economist Dirk Schumacher explains the role of the new rival China and how a pension reform can help overcome the crisis.

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