Germany Launches €18 Billion High-Tech Agenda
Germany has unveiled a new strategy aimed at propelling the nation to the forefront of various advanced technology sectors such as fusion nuclear energy, biotechnology, and low-emissions transport. This €18 billion initiative, partly financed through significant government borrowing, supports numerous projects while emphasizing the importance of German and European “technological sovereignty.”
Strategic Focus and European Integration
The plan outlines key milestones across six major technological areas and highlights the need for close alignment with broader EU objectives. Coordination with European strategies is viewed as essential for success.
Chancellor’s Vision for Innovation
At a Berlin event on October 29, Chancellor Friedrich Merz underscored innovation as vital for Germany’s future. He warned that without improving the translation of science into products and services, the country risks its security and the freedoms enjoyed in Germany and Europe for decades.
“We must not allow the US and China to determine the technological future on their own.” – Chancellor Friedrich Merz, quoting Nobel laureate Philippe Aghion
Merz has consistently emphasized innovation as a key driver to revive Germany’s stagnant economy in his recent speeches.
Photo Credits
engin akyurt / Unsplash
Summary: Germany’s €18 billion High-Tech Agenda aims to secure technological leadership and sovereignty through innovation in critical fields, reinforcing economic revival and European cooperation.