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Broadband

Germany to give EUR 89 billion for EU investment offensive

Tuesday 9 December 2014 | 10:48 CET | News
Germany is reportedly contributing projects worth EUR 89 billion to the planned EU investment offensive, according to Sueddeutsche Zeitung. The expansion of faster internet connections across the country was named the most important point; private companies are supposed to invest EUR 24 billion with the support of public incentives. Jean-Claude Juncker, president of the EU Commission, aims to overcome the weak investment performance in Europe with the EUR 315 billion programme, which comprises 58 German projects. The German government justified the fact that the broadband deployment has not

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Categories: Fixed / Internet
Countries: Germany
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