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Germany had many big external investment + government subvention projects involving factories, data centers etc. announced in the recent years. None of them materialized and they got canceled because of the German balanced budget amendment [0].

[0]: https://de.wikipedia.org/wiki/Schuldenbremse_(Deutschland)

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Schuldenbremse does not directly affect private investment. Why should it?

Some projects are a mix of private and public investments. A freeze on the public portion affects the risk/trade-offs of the private investment portion and therefore on the overall project.

Sorry but you wrote "None"! Now we talk about "Some"?

I'm not OP, just explaining how public and private investments are sometimes linked.

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