German Firms Launch €100 Billion Investment Push to Revive Economy

Chancellor Friedrich Merz's administration is spearheading a major investment initiative to revive Germany's economy, which has experienced recession and stagnation in recent years. Over 60 leading German companies, including Deutsche Bank and Siemens, have pledged a combined investment of €631 billion by 2028, encompassing capital spending, research and development, and international commitments. This 'Made for Germany' initiative aims to improve the investment climate by reducing bureaucracy, cutting red tape, and addressing labor market challenges, while also benefiting from government-backed infrastructure funding and corporate tax breaks. Industry leaders emphasize the need for structural reforms and faster project approvals to enhance Germany's competitiveness and technological leadership. The initiative signals renewed confidence in Germany's economic potential, with both government and business leaders advocating for more efficient cooperation to accelerate growth. Overall, the campaign represents a concerted effort to position Germany as a future-oriented hub for innovation, digitalization, and sustainable development.