Germany's Merz touts defence, AI and chip investment drive in pitch to investors

By Reuters News

BERLIN, Oct 20 (Reuters) - Germany is investing heavily in sectors including defence, semiconductors and AI to boost its long-term productivity and economic sovereignty, Chancellor Friedrich Merz said on Tuesday as he pitched Europe's largest economy to investors in Berlin.

"Our goal is to create the best possible parameters for you," said Merz at the event with representatives from companies including energy firm Vulcan Energy and defence company Helsing.

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