Household: Klingbeil announces massively higher investments

In order to modernize the infrastructure and boost growth, Federal Finance Minister Lars Klingbeil wants to massively increase investments this year. The background is primarily the planned, huge and loan -financed special fund. This year, investments should be increased to around 110 billion euros, said Klingbeil in Berlin. “We want there to be noticeable changes for people who work hard and rightly expect our country to work better.”

Klingbeil called high investments from the core budget as well as additional high investments from the special fund as well as from the climate and transformation fund (KTF). The Finance Minister had already rejected the Greens’ criticism that the special fund was stuffed with household holes. The Greens renewed their allegations.

The finance minister and SPD leader also announced extensive structural reforms. Business associations warn without faster planning and approval procedures, for example, threatens to fizzle out the special fund.

Klingbeil said that “strict” should continue to be consolidated in the household. The cabinet should decide on the draft budget on June 25 – just like a law to implement the special fund. “The excavators have to roll quickly,” said Klingbeil. Germany is in an economic flaut.

From the Ministry of Finance it was said that the investments should be increased by almost 50 percent in 2025 compared to the previous year. By 2029, 150 billion euros are to be made available from the special fund.

A 500 billion euro, loan -financed special fund with a term of twelve years is planned for additional investments in infrastructure and climate protection. The old Bundestag had decided on the special fund with the votes of Union, SPD and the Greens. The Greens had insisted on the fact that the investments are additional. The investments are about the renovation of the rail network and bridges, but also about schools and many other projects.

Investments should be financed from the special fund if they are additional – this should be the case if the investment rate in the core budget is at least ten percent. This was achieved in 2025 and 2026, the ministry said. Therefore, investments from the special fund led to significantly higher investments than in previous years.

Climate and transformation funds

The special pot feeds from income from emissions trading and the national CO2 pricing, for example in traffic. For example, the heating promotion is financed. A budget judgment of the Federal Constitutional Court had torn billions in the funds.

The fund is now to be strengthened with ten billion euros per year. However, this includes the following: To close gaps, billions should flow from the KTF into the core budget. The ministry said that this should now be averted. In addition, a high so -called “global minor edition” was previously planned in the fund – this means that the government assumes that funds do not flow from the fund. Klingbeil wants to significantly reduce this minor edition. This is intended to prevent the possible stop of funding programs because there is no more money in the pot.

The Greens renewed their criticism. Group deputy Andreas Audretsch said Chancellor Friedrich Merz (CDU) and Klingbeil worked to organize the “largest shift station in German post -war history” in the federal budget. It threatens that up to 50 billion euros are to be unlocked annually for consumption expenditure in order to realize the Union and SPD’s election promises. This aims, for example, to expand the mother’s pension.

The Green Housekeeper Sebastian Schäfer said, referring to a circular of the Federal Ministry of Finance, to the other departments that the ministers are asked to identify all options for how existing funds from the regular federal budget should be pushed into special funds. This questions the additionality of these funds.

The left-wing housekeeper Dietmar Bartsch called Klingbeil’s announcement. Fifty percent more investments than under the “debt brake minister” Christian Lindner (FDP) are not a big hit for the largest economy in Europe, but for housing, hospitals and education are still far too little. Apparently, Klingbeil’s own promotion on mere announcements.