Editorial & Advertiser disclosure

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Headlines

Germany to invest 10 billion euros in civil protection by 2029, minister tells Bild

Published by Global Banking and Finance Review

Posted on September 7, 2025

Featured image for article about Headlines

BERLIN (Reuters) -The German government wants to invest 10 billion euros ($12 billion) in civil protection and disaster management by 2029, Interior Minister Alexander Dobrindt told Bild newspaper in an interview published on Sunday.

"We are upgrading our civil protection," said Dobrindt, a member of the governing conservatives' Bavarian sister party.

The plans come against the backdrop of growing geopolitical tensions, as well as the threats of extremism and so-called hybrid attacks, that might include attacks on the electricity grid and disinformation campaigns for example.

The Civil Protection Pact foresees sirens to alert the public, digital warning systems for mobile phones, new shelters, and around 1,500 vehicles for fire protection, ambulance services, mobile command centres and heavy equipment, the report said.

The interior ministry did not respond to a request for confirmation and more information from Reuters.

According to the Bild report, the initiative also foresees disaster drills by the military, rescue services, the Federal Agency for Technical Relief and aid organizations.

After Russia's full-scale invasion of Ukraine in 2022, the German government moved to upgrade its public shelter system. Germany has 579 shelters for around 480,000 people, many of which have not been in use since the Cold War.

($1 = 0.8542 euros)

(Writing by Friederike Heine; Editing by David Holmes)

;