Business Beyond - Inside Germany‘s massive spending spree - Report / Wirtschaft und Konsum

After years of economic stagnation, Germany is investing hundreds of billions of euros into modernizing its infrastructure and promoting climate-friendly technology. The huge spending reverses a long period of frugality, in which the country was limited by strict borrowing rules, enshrined in the constitution. Now Friedrich Merz is loosening the country`s purse strings and promising swift changes.

new