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Germany's €500B Fund Under Fire for Mismanagement

3/21/2026

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Story summary
  • Finance Minister Lars Klingbeil of Germany faces scrutiny over management of a €500 billion special fund intended to revive the economy.
  • Critics, including economic research institutes, say the fund is being misused to cover budget gaps rather than invest in infrastructure.
  • Opposition parties, including the Greens and the far-right Alternative for Germany, threaten legal action over the fund's management.
  • Spending is projected to remain high through 2029.