Despite the German economic downturn, Economics Minister Robert Habeck (Greens) remains confident. “Currently, about two dozen companies are planning major investments in Germany with a total investment volume of around 80 billion euros,” Habeck told the newspapers of the Funke media group. According to the Ministry of Economic Affairs, this sum includes some planned investments that are not yet publicly known. “They want to invest here and will create added value and jobs,” said Habeck.

According to the definition of the Ministry of Economics, large investments include those with a volume of more than 100 million euros – such as the planned plant of the chip manufacturer Infineon in Dresden. Whether pharmaceuticals, battery cell production or hydrogen production – “a diverse biotope with a great willingness to invest has been created, which will also bear clear fruit in the next few years and will help to renew prosperity,” said the Vice Chancellor.

The German economy is in the doldrums. The International Monetary Fund expects Germany to be the only economy among more than 20 countries and regions examined in which economic output will fall slightly this year.