Investment Summit: Rich countries: Investment commitments of more than 225 billion euros
Around 200 CEOs are coming to the investment summit in Berlin. Minister of Economics Reiche sees Germany well-positioned despite widespread pessimism.
German Economy Minister Katherina Reiche has announced that investment pledges of over 225 billion euros have been made ahead of the government's investment summit. The pledges relate to projects worth over 100 million euros and do not include smaller investments. Reiche also emphasized the need for structural reforms, including changes to the social security systems, a more flexible labor market, and reduced bureaucracy and energy costs.
The investment summit, which began on Monday evening in a disused power plant in Berlin, is attended by around 200 international and German CEOs. Reiche encouraged a more optimistic view of Germany, citing the country's Triple-A rating, trade surplus, and low debt.
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.
This story
This is one outlet's version. Read the fullest account.
