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Workers at Philipp Holzmann have agreed to concessions to help the company get back to work.
BBC: EU to examine Holzmann rescue
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D-marks to bail out a debt-ridden construction company, Philipp Holzmann, which had been sliding to bankruptcy, appalled the more radical reformers.
ECONOMIST: Are Germany and its leader bouncing back?
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There are, however, some notorious counter-examples, such as France's 35-hour week or the German government's decision to bail out Philipp Holzmann, a construction firm.
ECONOMIST: Wo ist Goldilocks?
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European competition commissioner Mario Monti has called on Germany to hold off its rescue plan for construction company Philipp Holzmann until it gets European Union approval.
BBC: EU to examine Holzmann rescue
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Two days before the budget package passed, he had launched a last-minute personal bid to save Philipp Holzmann, a private German construction company, from bankruptcy and the loss of some 60, 000 jobs.
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