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Klingbeil Presses for Rapid Rollout of €500 Billion Infrastructure Fund

He pairs the push with a pledge for a year‑end savings plan to close the 2027 gap.

Overview

  • On ARD, the finance minister called Germany’s infrastructure “embarrassing” and urged faster deployment to deliver visible improvements.
  • Of the €500 billion special fund, €100 billion goes to the Länder; his attempt to require 60% for municipalities was rejected, so Berlin will monitor spending and channel its share to local projects.
  • The coalition is preparing an Infrastructure Future Act to accelerate approvals and has earmarked a record €166 billion for transport this term with maintenance prioritized over new builds.
  • Economists warned the special fund could obscure regular budget deficits, with critics labeling it a fiscal “shunting yard.”
  • Klingbeil said party leaders aim to finalize a savings package around the turn of the year to cover an expected ~€34 billion 2027 shortfall, signaling possible social‑policy trims and higher taxes on the wealthy.