Lack of money is not the problem, she says

GERMAN Chancellor Angela Merkel said yesterday that her government had already boosted investment and that a lack of money was not the problem, rejecting criticism from her SPD challenger that she was neglecting the country’s infrastructure.

“We currently cannot spend the money that we have,” Merkel told ARD public broadcaster, pointing to planning and capacity bottlenecks in the construction industry as well as at the level of regional authorities.

Merkel said the federal government had already put aside additional money for more investment on roads, digitisation and education in its mid-term budget plans. – Reuters