UPDATE 1-German government to spend 1.2 bln eur on IT

Newswire

(Adds details throughout) By Ulf Laessing POTSDAM, Germany (Reuters) - Germany said on Monday it planned to invest 1.2 billion euros ($1.6 billion) in IT and telecoms over the next three years to boost the country's standing as a place to do high-tech business. In a speech to top business leaders and scientists, Chancellor Angela Merkel also called on the automotive and chemical industries, the backbone of the German economy, to link more strongly with the IT industry to develop ...

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