Suche
Mein Konto
DIHK warning against relocating production abroad: Germany is becoming less attractive as a location
According to a report from www.focus.de, the German Chamber of Commerce and Industry (DIHK) warns against an increasing relocation of production from Germany to abroad. DIHK President Peter Adrian emphasizes that Germany is becoming less attractive as a location and that political measures are necessary. Many companies criticize excessive energy costs, bureaucracy and long approval processes. Economic policy received its worst rating ever in a survey of more than 2,200 companies. The DIHK survey shows that German companies are increasingly dissatisfied with current economic policy. The grade 4.8 on the school grade scale means a clear devaluation and underlines the urgent need for measures on the part of...
DIHK warning against relocating production abroad: Germany is becoming less attractive as a location
According to a report by www.focus.de, the German Chamber of Commerce and Industry (DIHK) warns against an increasing relocation of production from Germany to abroad. DIHK President Peter Adrian emphasizes that Germany is becoming less attractive as a location and that political measures are necessary. Many companies criticize excessive energy costs, bureaucracy and long approval processes. Economic policy received its worst rating ever in a survey of more than 2,200 companies.
The DIHK survey shows that German companies are increasingly dissatisfied with current economic policy. A grade of 4.8 on the school grade scale represents a significant devaluation and underlines the urgent need for political action. Companies particularly complain about high energy costs, bureaucracy and long approval procedures, which encourage the relocation of their production abroad. These factors can lead to a significant decline in investments in Germany.
The DIHK President's warning about a possible “Sick Man of Europe” illustrates the urgency of changes in German economic policy. If quick and effective measures are not taken, there is a risk that Germany will lose its competitiveness in the international market. Companies will receive increased incentives to relocate their production to countries with better framework conditions, which could lead to a decline in investment and a loss of jobs in Germany.
It is clearly visible that German companies are urgently expecting measures from politicians to create attractive conditions for production and investment in Germany. Politicians must find a quick and efficient solution to the problems mentioned in order to maintain the attractiveness of Germany as a business location and to strengthen international investments. Otherwise, Germany could lose its supremacy as a business location in Europe and worldwide.
Read the source article at www.focus.de