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Flying Start in German Style: the Big Guys Reach Into Their Pockets and Kick the Engine at the Government's Behest
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An investment offensive brings a solution in Germany: many have already buried Europe's leading economy, which is stuck in recession, in vain. In our largest Western partner, more than sixty well-known companies registered with the government this week to support the recovery with hundreds of billions.
The German economy is weakening, and the international competition is intensifying. 61 major German companies have now joined forces to form the "Made for Germany" alliance. They are planning to invest more than 600 billion euros in the German economy. For years, the German economy has been weakening: industrial production is well below the former peak of 2017, and for this year only an economic growth of a maximum of 1 percent is predicted. In …
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