Berlin launched a "Germany Fund" on Thursday that aims to gather up to 130 billion euros of investment in startups as Chancellor Friedrich Merz battles to pull Europe's top economy out of its slump. "We want the jobs of the future to be in Germany, we want that ideas that originate in Germany can also grow in Germany." "It will be critical to build out and supplement the Germany Fund." Ifo economist Oliver Falck told AFP more would have to follow the Germany Fund to substantially boost the economy. "The Germany Fund has drawn lessons from the Russian war of aggression in Ukraine," he said.

Source: The Local December 19, 2025 02:11 UTC