Wrapped by 61 companies Ponteras, committed to investing in Germany 631,000 million euros in three years: the Chancellor Friedrich Merz thus launched his ‘made for germany’, an initiative to which his government It will contribute fiscal measures and releasing bureaucratic obstacles to business activity. “We are not an economic space of the past, but of the present and the future,” said Merz, who appeared before the media guarded by the bosses of the German bank and of SiemensChristian Sewing y Roland Busch.
There are 61 signatures from all sectors, from Siemens, Volkswagen, Mercedes Benz, BMW, Rheinmetall o Airbus to the media group SpringerDeutsche Bank and the insurer Allianz. As soon as the meeting started, the statement was disseminated by rising to 631,000 million the volume of investmentstwice as expected. For the weekly ‘Der Spiegel’, it is a maneuver for the gallery. It is not appreciated in that huge volume that corresponds to already scheduled investments and what is new. Nor will it generate the impulse that Merz longs for to rescue the economy from Germany, in recession Since 2023. It is considered an initiative aimed at transmitting optimism, not very different from other summits with the great industry that convened in its times Angela Merkel o Olaf Scholz.
The difference is this time there is a figure and that the commitment of the economic world to invest more in Germany is linked to the measures announced by Merz to relieve the Fiscal charges About companies. These are measures that have pledged to carry out the coalition between conservative y Socialdemocratasalthough they have not yet specified.
SME criticism
From the SMEs It has been criticized that the Mima Foreign Ministry initiative to the Greats of the Dax, the German stock market index, but that the small and medium -sized company is neglected, barely represented in the appointment.
It is supposed to be the counterpoint of the private sector to the financial plan for the next years prepared by the Minister of Finance, the social democratic leader Lars Klingfill. It consists of an investor package of half a billion euros for the renewal of German infrastructure and environmental projects.
The denomination of ‘Made for Germany’ responds to the purpose of relaunching the German ‘brand’. The ‘Made in Germany’ was obsolete or questioned internationally. Sectors like the automotive They have been overcome by Asian competition, while the industry of the steel It has entered a deep crisis after being another indisputable seal of German industrial power.
Especially dramatic is the situation of the railway network, the Deutsche Bahnwhich accumulates year after year records of inefficiency and unpunctuality -only one in three long distance trains, including those of high speed ICE, arrives at its time. He has started a titanic task to modernize his entire network, but general sanitation will not be completed until 2036.
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