The Left Party is calling for an investment offensive for eastern Germany. "The public investment requirement in Germany for the next ten years is around 600 billion euros. For the eastern federal states, this amounts to around 190 billion," the party said in response to an inquiry. Public infrastructure plays a significant role in the quality of life in the region. There is a huge backlog of investment in schools, daycare centers, healthcare infrastructure and transport infrastructure in the municipalities. "Something must finally happen." Federal Chairman Martin Schirdewan and Saxon Left Party leader Stefan Hartmann will present details of the strategy in Berlin on Monday.
In concrete terms, the Left Party is proposing the establishment of an "Infrastructure Fund East". Like a special fund, this would be exempt from the debt brake. This would make it possible to invest in an economy with a future, expand public services and clear the investment backlog in municipalities and federal states in the east. Binding investment plans could be used to regulate the nationwide expansion of local transport, the renovation of schools and the establishment of social centers in villages. Transitional measures are required for economic sectors particularly affected by the transformation.
