Today in Germany: A roundup of the latest news of Tuesday
Briefly

Over 60 German companies committed to a domestic investment initiative, pledging at least €100 billion to revive Germany's economy. This plan is part of the 'Made for Germany' initiative, targeting a total of 631 billion euros in investments by 2028, combining both new and already planned expenditures. The initiative comes in the wake of significant investment outflows from Germany. Chancellor Friedrich Merz has signaled strong support for this investment commitment, asserting that the nation's potential is worth investing in, alongside government measures to enhance corporate tax conditions and infrastructure funding.
Over 60 German companies announced a domestic investment push of at least €100 billion as part of the 'Made for Germany' initiative, aiming to rejuvenate the economy.
The total commitment of 631 billion euros in investments by 2028 reflects a strong belief in Germany’s economic potential, offsetting recent investment declines.
Chancellor Friedrich Merz emphasized the importance of the initiative, stating, 'the message is very clear... it is worth investing in Germany again'.
Friedrich Merz's government, since taking office, has enacted significant corporate tax breaks and lifted spending limits to support defense and infrastructure.
Read at The Local Germany
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