Roundup: Germany unveils massive investment plan to boost economy, yet reform seen as crucial


BERLIN, July 21 (Xinhua) -- Germany's government and top corporate leaders on Monday launched a sweeping investment initiative aimed at reviving Europe's largest economy, which has faced prolonged stagnation. But the ambitious plan has met with skepticism, as business leaders warn that meaningful investment depends on long-overdue structural reforms.

The initiative, dubbed "Made for Germany," was announced at a business summit attended by German Chancellor Friedrich Merz and executives from leading German and international companies.

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