Joint statement calls for more public investment from Berlin. Image via Reuters.
Business

Berlin faces demands for more public investment

In a joint statement issued by Germany's BDI industry association and the DGB trade union, the German government has been called on to revise its budget to include larger boosts in public investment. DGB leader Reiner Hoffman stated that a better long-term public investment program may be the only way for Germany to ensure high-paying jobs and growth. KfW estimates that municipalities across Germany require a public investment of EUR 138 billion.

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Mon Nov 18 - Reuters

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