Germany plans extra €10 billion investment to head off EU critics

Germany announced on 6 November 2014 that it planned to allocate additional means for public investment of the order of €10 billion.

According to EUObserver, it might be the first hint that the German government was prepared to increase public investment to steer a return to economic growth. Most of the money was expected to be earmarked for roadbuilding and other infrastructure projects.

• Primary Source

ESO: Background information: Steinmeier: numbers offer ‘shortsighted’ view of Franco-German relationship http://www.europeansources.info/record/steinmeier-numbers-offer-shortsighted-view-of-franco-german-relationship/

ESO: Background information: Out of Balance? Criticism of Germany Grows as Economy Stalls http://www.europeansources.info/record/out-of-balance-criticism-of-germany-grows-as-economy-stalls/

Deutsche Welle, 06.11.14: Germany set to boost investment http://dw.de/p/1Diaq

Deutsche Welle, 19.11.14: German exports to pick up in 2015 despite tensions http://dw.de/p/1DphP

EurActiv, 28.11.14: French, German economists offer plan to counter EU 'stagnation' http://www.euractiv.com/sections/eu-priorities-2020/french-german-economists-offer-plan-counter-eu-stagnation-310423

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