Companies pledge more than €225bn at new German investment summit
Germany’s economy minister says companies have pledged more than €225 billion at a new investment summit in Berlin, which is intended to help stimulate the country’s economy.
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Companies have pledged more than €225 billion in investment in Germany so far at a new summit in Berlin, according to Economy Minister Katherina Reiche. The two-day Invest in Germany Summit, launched by Chancellor Friedrich Merz, began on Monday and continues on Tuesday. [1]
More than 200 senior executives from companies, banks and investment funds attended on Monday. Participants included leaders from Siemens, Deutsche Bank and the US asset manager BlackRock, as well as Nvidia chief executive Jensen Huang. [1]
Merz is seeking to attract investment to boost Germany’s economy. Allianz Trade said in a report on Tuesday that planned investment in energy, digitalisation, infrastructure and defence could also create opportunities for Dutch companies, given their close links with German industry and expertise in those fields. [1]
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