Germany to buy stakes in defence start-ups

Financial Times: Friedrich Merz’s government on Wednesday said the state would invest directly in defence ventures through development bank KfW, introduce tax incentives and streamline digitalised processes to set up a company.

“We are laying the foundations for the next generation of German global market leaders,” said Katherina Reiche, economy minister. “It has three objectives: to make it easier to set up a business, to accelerate growth and to keep innovation in Germany.”…

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