Merz hosts Berlin summit to discuss investment in Germany
Friedrich Merz is meeting business leaders in Berlin for a two-day summit on investment and the costs and regulation facing companies in Germany.
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German Chancellor Friedrich Merz is holding a two-day summit with business leaders in Berlin on Monday and Tuesday to discuss ways to attract more investment into Germany’s economy. Companies have been calling for lower energy and labour costs, less red tape and lower taxes; Merz has said he wants to help address those concerns. [1]
The Invest in Germany Summit is also expected to cover artificial intelligence, digitalisation, semiconductors, energy and geopolitical security. Merz will be joined by the economy and finance ministers, as well as senior executives from Deutsche Bank, Siemens, Commerzbank and the US asset manager BlackRock. [1]
The report also cites a KPMG survey in which German business leaders had become more optimistic about the economic outlook. Most expected their companies to grow over the next three years. [1]
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