Startups

Germany and France Vow to Help Europe’s Startups Tap Financing

Lars Klingbeil, left, and Eric Lombard, at a Eurogroup meeting in Brussels, Belgium, on May 12. — Lars Klingbeil, left, and Eric Lombard, at a Eurogroup meeting in Brussels, Belgium, on May 12.
Photographer: Simon Wohlfahrt/Bloomberg

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By Zoe Schneeweiss

July 15, 2025 at 2:08 PM EDT

The finance ministers of the euro area’s two biggest economies pledged to join forces to provide additional support for European startups.

“We want Europe to create an environment where innovative companies can grow into global champions,” Germany’s Lars Klingbeil and France’s Eric Lombard wrote in a joint op-ed published Tuesday in Handelsblatt newspaper.