German Corporate Giants Commit €800 Billion to Domestic Economy

The "Made for Germany" initiative, which began with 61 companies promising €631 billion, now counts major entities such as Siemens and Deutsche Bank among its ranks. While the headline figure suggests a massive influx of capital, the breakdown between previously planned projects and fresh commitments has not been disclosed.

During a briefing in Frankfurt, leadership from these firms signaled that investment alone is insufficient to secure long-term growth. Deutsche Bank CEO Christian Sewing pressed the government to accelerate structural reforms, citing a need for greater political and economic momentum. Addressing the shifting political climate ahead of state elections in eastern Germany, Sewing warned that the potential rise of extremist parties would be detrimental to investor sentiment.

Siemens CEO Roland Busch echoed the call for systemic changes, focusing specifically on the labor market. He advocated for more flexible working hours, asserting that productivity requires a shift in work culture. "People have to work more in this country," Busch stated, framing labor reform as a critical component of the country’s industrial revitalization.