Investments: Government courts investors: "Germany is back"
For the first time, the Federal Government has hosted an investor summit. It is announcing better conditions for investors. Because: "The competition isn't sleeping."
The German government has reported a successful first investment summit, with Chancellor Friedrich Merz and Vice-Chancellor Lars Klingbeil announcing that around 230 billion euros in investments have been pledged by international and German investors. Amazon, Nvidia, and RWE are among the companies that have made investment commitments, with Amazon alone pledging 16 billion euros.
The summit aimed to attract more private investors to Germany, with the government promising to continue its reform efforts and improve conditions for investment. The government expects a growth rate of 1.3 percent this year, driven in part by state spending and private investment.
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.
