Frankfurt, Germany, March 17, 2026 (AFP) - German investment 'bazooka' off target, economists warn

NAMPA / AFP

2026-03-17

Increased German government debt aimed at boosting infrastructure investment is being misused, economists charged Tuesday, warning that Berlin risked wasting a chance to revive its moribund economy. Chancellor Friedrich Merz last year vowed to borrow and spend hundreds of billions for a special infrastructure fund over coming years in what was dubbed a spending "bazooka" aimed at getting Europe's top economy back on its feet. But a year after the......

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