
Leading German companies including Siemens (SIEGn.DE) and Deutsche Bank (DBKGn.DE) announced a major investment initiative on Monday aimed at resuscitating investor confidence in Europe’s largest economy.
The 61 companies, which have collectively pledged 631 billion euros ($733.92 billion) of investments by 2028, are set to present their “Made for Germany” initiative to German Chancellor Friedrich Merz and Finance Minister Lars Klingbeil later on Monday.
According to the companies, the 631