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 Chancellor Friedrich Merz is loosening the country`s purse strings and promising swift changes. Can this policy u-turn transform Germany`s economic fortunes and what will it take to turn all this money into growth? For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Instagram: https://www.instagram.com/dwnews ►TikTok: https://www.tiktok.com/@dwnews ►Facebook: https://www.facebook.com/deutschewellenews/ ►Twitter: https://twitter.com/dwnews Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1
Inside Germany's massive spending spree | Business Beyond
9 std vor
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 Chancellor Friedrich Merz is loosening the country`s purse strings and promising swift changes. Can this policy u-turn transform Germany`s economic fortunes and what will it take to turn all this money into growth? For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Instagram: https://www.instagram.com/dwnews ►TikTok: https://www.tiktok.com/@dwnews ►Facebook: https://www.facebook.com/deutschewellenews/ ►Twitter: https://twitter.com/dwnews Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1
