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Germany has earmarked $220 billion for industrial transformation by 2026 -Breaking

by Mike Robinson

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© Reuters. FILEPHOTO: Christian Lindner (German Finance Minister) answers questions in a plenary session at the Bundestag in Berlin on February 16, 2022. REUTERS/Michele Tantussi

FRANKFURT, Reuters – Germany’s finance minister stated on Sunday that 200 billion euros (or $220 billion) has been allocated to support industrial transformation, which includes climate protection and the expansion of electric vehicle charging stations.

Christian Lindner stated, “200 billion euro in financing for the transformation economy, society, and the state”, adding that this included the elimination renewable energy levies.

($1 = 0.9152 euros)

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