"The German government is adding billions of euros into a new fund, and hoping to attract investments worth 100 billion more, in a bid to support new businesses and innovation. 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."
"About 30 billion euros of public money would be used, mostly in the form of guarantees, to attract a further 100 billion euros of private investment in firms working in critical sectors such as artificial intelligence, defence and robotics, said Finance Minister Lars Klingbeil. "We are creating a one-stop shop that you can call or email, a place where investors can be while we try to get Germany back on track," he told a press conference."
""We need to see more from the government given the missing billions when it comes to financing growing companies," she said. "It will be critical to build out and supplement the Germany Fund.""
Germany launched a Germany Fund aimed at marshaling up to €130 billion for startups, combining roughly €30 billion of public support with a target of €100 billion in private capital. The fund will focus on firms in critical industries such as artificial intelligence, defence and robotics and will offer a centralized contact point for investors. Chancellor Friedrich Merz seeks the fund to help lift the economy out of stagnation while critics warn that deeper structural measures and additional financing will be needed to enable startups to scale into large companies. Leading institutes have cut growth forecasts, with the Ifo institute predicting 0.8% growth in 2026, down from 1.3%.
Read at The Local Germany
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