The German government reported revenues of approximately €1.1 billion from its stakes in various companies last year. This information emerged from a response by the German Ministry of Finance to an inquiry from the Left Party’s parliamentary group. The figure highlights the economic significance of government investment across different sectors.
The Ministry of Finance revealed that a substantial portion of this revenue originated from the government’s stake in Deutsche Telekom. Additionally, nine direct government shares generated profits and payments that contributed to the national budget for the fiscal year 2025. This financial success underscores the effectiveness of the government’s strategies in managing these investments.
Christian Görke, the spokesperson for budget affairs in the Left Party, emphasized that these shares hold not only strategic importance but also yield significant financial returns annually. He pointed out that the €1.1 billion figure is noteworthy, demonstrating the benefits of the government retaining stakes in major companies. These returns can enhance public services and bolster future investments.
Görke urged the government to avoid reducing its stakes in strategic sectors such as energy, electricity networks, and the “BCK” refinery. He warned that selling shares, like the government’s stake in Deutsche Telekom, could quickly turn into a losing deal. Furthermore, retaining these shares allows citizens to benefit financially by reducing the costs associated with expanding electricity networks, thanks to more favorable government financing conditions.
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This article first appeared on Yemen TV.
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