Germany's parliament has adopted a record €500 bln special fund for infrastructure and climate neutrality
Read up on the fund's purpose, planned setup, the role of energy and climate,reactions, possible EU knock-on effects and more in our updated Q&A
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The fund was proposed by the conservative CDU/CSU alliance of likely next chancellor Friedrich Merz and the Social Democrats (SPD) of outgoing chancellor Olaf Scholz as a first result of the two parties’ exploratory coalition talks. Merz and SPD co-leader Lars Klingbeil presented the proposal, which rests on three pillars: