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ICYMI – German government to spend 110 bn EUR to boost the nation’s economy

Germany’s Vice Chancellor and Finance Minister Lars Klingbeil announced an almost a 50% increase vs the previous year:

  • to invest 110B euros in 2025
  • intent is to revive the country’s sluggish economy
  • planned measures are proposals to lower energy prices for industrial companies and the introduction of special tax depreciation options for firms that invest in Germany
  • Klingbeil : “We have to turn the mood around now”

This article was written by Eamonn Sheridan at www.forexlive.com.

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