The big German bosses will invest 631 billion euros in their economy

Deutsche Bank, Siemens, Made, Volkswagen, Zalando … However, About sixty German companies announced on Monday wanting to invest at least 100 billion euros in Germany in new. Consequently, projects aimed at reviving the country’s growth during a coordinated initiative with the Government of Friedrich Merz.

The banking. Furthermore, industrial giants Deutsche Bank. Siemens lead this operation baptized «Made in Germany» Aiming to promote the attractiveness of the first European economy for national and foreign investments after two years of recession and the flagship sectors, such as the automobile, bogged down in a competitiveness big german bosses will invest new crisis.

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The member companies of this initiative are big german bosses will invest committed to investing a. total envelope of 631 billion euros “In Germany’s economic growth by 2028”including already known expenses as well as new projects for at least 100 billion euros. according to a joint press release. “This commitment testifies to the strong confidence in the potential of Germany” After the “Significant investment outings that the. country has faced in recent years. which have reached levels of several hundred billions of euros”underline the participants. including the main names of the Frankfurt Stock Exchange, from Volkswagen to Basf via Zalando and Rheinmetall.

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Support “the reform. investment program” – Big german bosses will invest – Big german bosses will invest new

“It is one of the largest investment initiatives of recent decades”assured the press big german bosses will invest new Friedrich Merz who sees there “The signal” what “Germany is back”. The recovery of the German economy. which has been stagnating big german bosses will invest for more than seven years. is one of the priorities of the coalition between conservatives and social democrats in power since early May.

The country’s key industries. including automotive. chemistry and machine tools, are faced with high energy costs compared to their foreign competitors, as well as, according to their leaders, an expensive bureaucracy to which the government has promised to attack.

L’initiative «Made for Germany» says to support “The reform. investment program” From the Conservative Chancellor. familiar with financial circles for chairing the Council of the German subsidiary of the American active manager Blackrock. In addition to taxes of taxes. a reduction in the regulations. the Merz government relies on a substantial budgetary effort, with an envelope of several hundred billions big german bosses will invest new of euros scheduled to modernize the defense and infrastructure of the country. For this. it has broken a taboo by softening the strict national rules framing big german bosses will invest public deficits.