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Merz Appoints Ex‑Commerzbank Chief Martin Blessing as Investment Envoy

The move targets a revival of foreign investment after years of decline.

Overview

  • Blessing will start on October 1 in the Chancellery as the Chancellor’s personal envoy, working for a symbolic one euro without a dedicated staff.
  • He will chair the supervisory board of Germany Trade and Invest and coordinate with federal ministries, with the agency slated for a retooling under the government’s plan.
  • His mandate centers on direct outreach to international capital, including investor trips, developing an equity story for Germany, and organizing a major investors’ conference planned for 2026.
  • The appointment complements measures such as the Investitions‑Sofortprogramm, a large infrastructure special fund, corporate tax reform plans, and the ‘Made for Germany’ pledges exceeding €630 billion.
  • Germany has seen a marked drop in foreign direct investment since 2021, with reported headwinds including high energy costs, taxation, and slow permitting, which Blessing is tasked with addressing with investors and policymakers.