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Germany wants 1 billion euro fund with France to support digital start-ups

Published 13/12/2016, 10:57
© Reuters.  Germany wants 1 billion euro fund with France to support digital start-ups

BERLIN (Reuters) - German Economy Minister Sigmar Gabriel said on Tuesday he wanted to jointly set up with France a 1 billion euro (834.45 million pound) fund to support start-ups in the digital economy.

"We must set ourselves ambitious goals," Gabriel said at a German-Franco conference on digitalisation. "Growth capital is still something that we are lacking."

Gabriel added that Europe should not take dogmatic positions on debt policy.

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