Special assets: Ten percent of the extra billions used up for infrastructure
By the end of July, 51 billion euros have flowed out of the special fund. SPD Finance Minister Klingbeil praises this - and presents another funding notification in Halle.
Germany's special fund for infrastructure and climate protection investments has used up 10% of its allocated funds, approximately 51.1 billion euros, as of the end of July. The fund, worth 500 billion euros, was established to be invested over 12 years to modernize the country. The funds are intended to support investments in transportation and energy infrastructure, education, digitalization, and housing construction, in addition to those already planned in the core budget.
Finance Minister Lars Klingbeil stated that the investments include rail lines, hospitals, schools, and waterworks, citing a waterworks project in Halle as an example.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
