Q&A: What will German billions for bridges, schools and the army bring to the Czech Republic
Germany is planning a massive fiscal stimulus. Increased investment in infrastructure and defence could bring new contracts to Czech companies, especially in the industrial sectors. Questions are also being raised as to whether this move will bring higher inflation. The German government has approved an extremely large financial package aimed at investments in infrastructure, defence and environmental projects. The measures still have to be approved by the second chamber of parliament on Friday. At the heart of the plan is a new investment fund worth a total of 500 billion euros (CZK 12.5 trillion) to be used over the next 12 years to repair roads, railways, bridges, energy networks and schools.
Source https://seznamzpravy.cz/nemecke-miliardy-eur-na-obranu-i-mosty-by-se-mohly-prelit-do-ceska