Over the next three years, dozens of companies plan to invest at least 631 billion euros ($733 billion) in Germany, signaling confidence in the country's economy. This investment comes as Chancellor Friedrich Merz's administration prioritizes economic revitalization after two years of contraction. A new program aims to encourage investment, supported by a 500 billion euro fund dedicated to improving infrastructure over the next decade. The initiative, involving major companies, represents a shift in sentiment towards private investment, reflecting a belief in Germany's economic recovery.
A group of dozens of companies pledged Monday to invest at least 631 billion euros ($733 billion) in Germany over the next three years, sending a signal of confidence in Europe's biggest economy as the new government tries to breathe new life into it.
Chancellor Friedrich Merz's administration has made revitalizing it a top priority since it took office May 6. It has launched a program to encourage investment and set up a 500 billion euro fund to pour money into Germany's creaking infrastructure over the next 12 years.
The investments by the initiative are a very powerful signal that we are now experiencing a shift in sentiment towards private investment in the German economy.
Collection
[
|
...
]