Germany: Interest in starting businesses declines
People in Germany show less and less interest in starting a business or working for themselves. The number of inquiries for potential founders at regional Chambers of Industry and Commerce dropped 3% to 154,785 in 2022 compared to the previous year.
It is the lowest level since counting began in 2002, the German Chamber of Industry and Commerce (DIHK) said on Saturday. In 2010, 431,000 consultations were carried out.
“After the coronavirus pandemic, there was no impetus for start-ups, for example in retail or gastronomy,” he added. Compared to the year before the 2019 crisis, there was even a drop in initial consultations on more concrete projects by 42%.
Source: DW
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