By Reuters
BERLIN (Reuters) – German Finance Minister Olaf Scholz wants the federal government and the 16 states to support companies investing in research and development by granting them tax incentives worth 10 billion euros (£8.6 billion), coalition sources said on Thursday.
Scholz suggested that the tax incentives should be granted over four years starting from 2020 and that the Finance Ministry would make 5 of the 10 billion euros overall, two people familiar with the matter told Reuters.
(Reporting by Michael Nienaber and Holger Hansen; Editing by Michelle Martin)
