Habeck Proposes 10% Investment Bonus to Spur Germany’s Growth
- Plan would pay out cash or offset taxes for most investment
- Ruling coalition has been at odds over how to revive economy
Robert Habeck
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The German economy ministry aims to bolster domestic investment by providing 10% of the funds directly to companies, in the latest plan to revive economic growth.
According to a proposal by Economy Minister Robert Habeck, a so-called Germany Fund envisages subsidizing investments with the exception of building projects. The bonus would be offset against tax liabilities or paid out in cash if the company isn’t profitable, according to the economy ministry’s plan for a “modernization agenda.” It hasn’t been adopted as government policy.