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.