German Coalition Parties agree in a 130 billion euro stimulus package to boost the economics and consumption. Beside several measures like the VAT reduction from 19% to 16% for six months starting in July 1, the federal government want to invest in the modernization of the country.
The program will also strengthen the digitization in business and administration with 2 billion euros for quantum technology including the construction of at least two quantum computers. Also two more billion euros will flow into programmes for the development of AI.
Read the full press release (German): https://www.bundesfinanzministerium.de/Content/DE/Standardartikel/Themen/Schlaglichter/Konjunkturpaket/2020-06-03-konjunkturpaket-beschlossen.html
The full documenet, see §44 (German):
https://www.bundesfinanzministerium.de/Content/DE/Standardartikel/Themen/Schlaglichter/Konjunkturpaket/2020-06-03-eckpunktepapier.pdf?__blob=publicationFile&v=9
