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SPD Proposes €18 Billion Investment Plan to Boost German Economy

The party's 'Made in Germany' bonus aims to support businesses with targeted subsidies, as the SPD enters the final phase of its election campaign.

  • The SPD has unveiled plans to allocate €12–18 billion in investment subsidies if it wins the upcoming Bundestag election.
  • The 'Made in Germany' bonus would cover 10% of costs for companies investing in machinery and vehicles, promoting economic growth.
  • According to SPD estimates, the plan could increase Germany's GDP by 0.17% in its first year of implementation.
  • Chancellor Olaf Scholz emphasized that targeted subsidies are more effective than the broad tax cuts proposed by political rivals.
  • The SPD has launched its campaign with a focus on economic revitalization, with Scholz's candidacy and the full platform to be formalized on January 11.
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