Germany - Sept 30

Germany’s reputation for immaculate infrastructure and robust future growth prospects may be exaggerated from foreign and domestic perspectives according to Marcel Fratzscher, Head of the German Institute for Economic Research. Investment in infrastructure as a percentage of GDP has fallen 7% over the last two decades and the estimated “investment gap” stands at €100 billion. He argues too much has been spent on consumption and savings and too little for investment to stimulate growth. Source: Der Spiegel