US EditionGerman Industry Alliance Lays Out Domestic Investment Push
GERMANY, JUL 21 – Sixty-one companies, including Siemens and Deutsche Bank, pledged 631 billion euros by 2028 to boost innovation, infrastructure, and economic growth amid two years of recession, officials said.
- On Monday, July 21, 2025, Chancellor Friedrich Merz hosted the 'Made for Germany' launch at the Berlin chancellery, as 61 companies pledged 631 billion euros by 2028.
- With elevated energy prices and growing international competition, Merz’s government, which took office in May, approved multi-billion-euro tax relief packages.
- The government approved corporate tax breaks and loosened constitutional spending limits, while the 631 billion euros covers capex, R&D, and international commitments.
- Participating firms are expected to outline upcoming projects and signal fresh capital, calling the pledge `a very powerful signal that we are currently experiencing a change in mood`, and Chancellor Friedrich Merz said `the message is very clear... it is worth investing in Germany again`.
- The plan calls for digital transformation and technological innovation, aims for AI to contribute 10 percent of Germany's GDP by 2030, and includes building three semiconductor plants to boost chip production, Friedrich Merz said at Monday's summit.
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Roundup: Germany unveils massive investment plan to boost economy, yet reform seen as crucial
BERLIN, July 21 (Xinhua) -- Germany's government and top corporate leaders on Monday launched a sweeping investment initiative aimed at reviving Europe's largest economy, which has faced prolonged stagnation. But the ambitious plan has met with skepticism, as business leaders warn that meaningful investment depends on long-overdue structural reforms. Read full story
Business representatives announce 630 billion euros of investment. The chancellor is pleased, critics speak of a pure PR event. Model is a French initiative.
Good idea or successful PR action? 61 companies are planning an investment offensive under the motto "Made for Germany" in order to strengthen the damaged location Germany.
Germany is waiting for the upswing. Now corporations are committed to billions of investments. But that must not be all.
The chancellor's office hosted numerous top managers on Monday. An alliance of 61 companies presented billion plans for the location Germany. What can follow from the meeting? Experts come to different conclusions.
At a summit in the Chancellery, top managers promise investments of 631 billion euros at German locations for the next three years. They want to support the economy.
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