Germany Introduces Bold Investment Incentives for SMEs

Germany's economy ministry is proposing a 10% investment premium to boost company investments, focusing on small- and medium-sized enterprises. The incentive aims to promote unbureaucratic investment, excluding building investments, to stimulate economic growth, as detailed in a recent position paper.

In a bid to stimulate economic growth, Germany's economy ministry has unveiled plans to offer a 10% investment premium for companies across the board. The initiative will prioritize small- and medium-sized enterprises (SMEs) and trade businesses.

The proposal emphasizes a streamlined, 'unbureaucratic' process to encourage investment in various sectors, specifically excluding building investments.

This move is outlined in a newly released position paper, underlining the government's commitment to supporting economic activity through direct incentives.

(With inputs from agencies.)