German Minister Earmarks 110 Billion Euros for 2025 Investment Surge
- Germany plans to boost government investment to 110 billion euros in 2025, Finance Minister Lars Klingbeil announced in Berlin.
- This surge follows 2024’s approximately 75 billion euros in public investment and arises from the new coalition government's plans to boost spending.
- The investments will focus on defence, infrastructure, and modernising the economy to overcome a two-year downturn and close investment gaps.
- Deputy Chancellor Klingbeil stated that these measures will strengthen economic growth and protect employment, with funding coming from the main budget as well as dedicated transition and infrastructure funds.
- The government expects the 2025 budget draft to be cabinet-approved by June 25 and aims to put Germany back on a growth path with these investments.
12 Articles
12 Articles
Klingbeil Wants to Increase Investment in Infrastructure by Almost 50 Percent
This year, the renovation of bridges, rails and hospitals is scheduled to start, says the Minister of Finance. The Greens suspect that he wants to plug budgetary holes with part of the 110 billion euros announced.
German minister earmarks 110 billion euros for 2025 investment surge
BERLIN (Reuters): Germany will ramp up public investment to 110 billion euros ($125 billion) this year as part of efforts to modernise the economy and put it back on track for growth, Finance Minister Lars Klingbeil said on Tuesday. “At the same time, we will implement comprehensive structural reforms and continue to strictly consolidate the budget,” he said in an emailed statement. Government investment in 2024 came in at around 75 billion euro…
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