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Germany: less and less attractive for foreign investors

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Germany: less and less attractive for foreign investors

It is becoming less and less attractive to foreign investors. Germanydue to the high cost, he reveals research Ernst & Young Company. However, it is noted that the country nevertheless remains a strong and competitive place for attachments.

According to an EY survey cited by an APE correspondent, the number of investment projects in Germany fell again in 2022 and reached its lowest level since 2013. Thus, since 2017, foreign investment has been continuously declining.

“Germany is clearly a strong and competitive region,” said the EY CEO. Henrik Allerswhile emphasizing that “in terms of costs, the country has recently lost its attractiveness – especially for industrial companies.” According to the same study, France remains in first place in the European rankings.

Overall, Europe appears to be stagnant in terms of foreign investment as, as the same review puts it, “pandemic recovery plans have not materialized.” High inflation, rising energy prices, the war in Ukraine and problems in logistics chain.

Author: newsroom

Source: Kathimerini

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