SPD calls for EU investment offensive

In response to the US Inflation Reduction Act, the SPD parliamentary group is calling for a European investment offensive for future technologies. „To this end, unused funds from the EU reconstruction program ‘NextGenerationEU’ should be reallocated and, in particular, the energy investment program RePowerEU should be additionally strengthened,“ reads a draft to be adopted at the upcoming parliamentary group retreat. In addition, the upcoming review of the Multiannual Financial Framework should be used to prioritize industrial policy projects for the future and investment projects.