Berlin’s airport, the Elbphilharmonie concert hall in Hamburg, and the Stuttgart 21 railway station are just a few examples of major projects in Germany that experienced failure and embarrassment due to planning errors, construction mistakes, exploding costs, legal disputes, and years of delays.

The reasons for these outcomes are numerous and varied, ranging from planning blunders to protracted approval processes and inadequate building materials on construction sites.

The Christian Democratic Union (CDU)/Christian Social Union (CSU) and the Social Democratic Party (SPD) have secured approval for constitutional changes to allow unlimited defense spending and access to €500 billion over the next twelve years. This investment is intended for infrastructure and climate protection.

The German Taxpayers Association (BdSt) believes this decision is a mistake and argues that bureaucratic inefficiencies and inefficient structures are the real problems, rather than a lack of financial resources.

Economist Veronika Grimm agrees, warning that funding from the newly approved debt package cannot be spent quickly due to bottlenecks in planning and approval procedures. She calls for growth-boosting reforms to have any positive effect on the German economy.

Germany urgently needs to address its infrastructure needs, including reducing bureaucracy and inefficient planning processes that cause delays in construction projects. The country will also need to improve its ability to attract skilled workers from abroad to meet increasing demand.

Overall, the massive investments forecasted in defense and infrastructure may fall short of the country’s long-term economic goals.

Source: https://www.dw.com/en/how-will-germany-spend-its-%E2%82%AC1-trillion-loans/a-71995478?maca=en-rss-en-all-1573-rdf