Germany got $1 trillion for free, Deutsche Bank chairman says

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Germany last week unlocked hundreds of billions of euros in debt-financed defense and infrastructure spending.

So there’s quite a lot of things that still have to happen for this enormous investment to have a full impact,” Wynaendts said.“We don’t have the time to squander this.

Absolutely yes, but we don’t have an alternative,” he said.

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Article Details

Author / Journalist: Arno Schütze, Bloomberg

Category: EconomyBusiness

Markets: United StatesFranceGermany

Topics: Deutsche Bank

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-27 @ 19:12:11 (5 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 277 words

Reading Time: 2 minutes read

Sentences: 4 lines

Sentence Length: 70 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27374372

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Official Website: fortune.com

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