Economy

The government crisis in Germany
Scholz proposes fund of over 1,000 billion before new elections

German Chancellor Olaf Scholz has proposed an investment fund of the equivalent of more than SEK 1,000 billion to modernize the country's infrastructure. That's what Bloomberg writes.

The fund, financed by both public and private funds, will prioritize energy infrastructure and housing construction.

Scholz also wants to introduce a 10 percent tax discount for business investments in Germany.

The proposals are part of the social democratic SPD's campaign before the new election on 23 February.
 

Crisis Northvolt
Catl: ​​No plans to invest in Northvolt

Chinese battery giant Catl has no plans to invest in Northvolt, says co-founder Pan Jian in an interview with the Frankfurter Allgemeine Sonntagszeitung. Bloomberg reports.

- There is still a possibility that we can help them with production, he says further.

Dagens Nyheter reported this week that Catl and Northvolt have been in dialogue since last summer. According to Pan Jian, these discussions have been about licensing, a partnership similar to the one Catl has with Ford.