Germany ranked best for business in Europe
Published: 2 Jun 10 10:06 CET | Print version
Online: http://www.thelocal.de/money/20100602-27583.html
Foreign managers view Germany as the most attractive place to do business in Europe, a new poll showed this week.
- New in German cinemas: ‘Monsters University’ (19 Jun 13)
- Bahn feels heat as cooling systems fail (19 Jun 13)
- Six famous American quotes about Germany (19 Jun 13)
Germany received particularly good reviews about its infrastructure, quality of life and worker qualifications.
“The positive poll results once again mirror the growing significance and strengthening position of Germany as the leading European economy,” Ernst & Young manager Peter Englisch said.
The country weathered the worldwide financial crisis “astonishingly well,” Englisch said, adding that it offered a “high-quality product palette, economic competitiveness, high global market share and broadly positioned exports.”
But business managers gave negative reviews to the country’s corporate tax burden and labour costs.
Readiness to invest in Germany rose nine percent from the same poll last year to year 40 percent, Ernst & Young reported.
In the same poll last year Germany came in sixth place as a favourite investment destination, with 43 percent of the participants saying Germany had the best conditions to overcome the economic crisis.
DDP/The Local (news@thelocal.de)
What do you think? Leave your comment below.
Hamburg to be run by at least 40 percent women
Hamburg city state has taken the first steps to introducing a women's quota in management - passing a law saying that no committee can be staffed by more than 60 percent of a single gender. READ () »
German investor confidence on the up
German investor sentiment rose slightly in June, on firming hopes for a gradual recovery in Europe's biggest economy in the second half of the year, the ZEW economic institute said on Tuesday. READ () »
Commerzbank 'to shed 5,000 jobs'
Commerzbank, Germany's second largest bank, looks set to shed 5,000 jobs, it emerged on Tuesday. The move is part of an attempt to recover from heavy losses incurred during the 2008-2009 financial crisis. READ () »
Deutsche Bahn fires staff in corruption clean-up
Deutsche Bahn has fired more than 30 managers who were involved in bribery - and is withdrawing from a slew of countries where corruption is rife. READ () »
Sun sets on Siemens solar division
German tech giant Siemens has drawn a line under its foray into the solar power business and is closing down the division, business newspaper the Handelsblatt reported on Monday. READ () »
Motorists flush away millions in toilet tickets
Motorists in Germany are throwing away millions of euros - by not cashing in the 'refund' ticket handed out by public toilet companies operating at autobahn stops. READ () »
Germany joins EU youth unemployment fight
Germany, Italy, France and Spain sent their economy and labour ministers to Rome on Friday to try to find ways to reduce the mass youth unemployment blighting the lives of millions across Europe. READ () »
Canny footballer shoots, scores, is banned
A German amateur footballer who took part in a goal-shooting competition organized by an electronics retail chain, won thousands of euros worth of goods for himself, friends and even complete strangers - until the store banned him. READ () »
Rat poison found at Lidl supermarkets
The German discount supermarket chain Lidl was under fire on Thursday for reportedly scattering rat poison on its produce shelves - without warning customers or reporting a rodent problem to the authorities. READ () »
Berlin: EU can find 'good solution' to US free trade
Germany is confident the EU will find a "good solution" despite differences and hand the EU Commission a mandate to negotiate a landmark free-trade accord with the United States, a government source said on Friday. READ () »
- 12/06 Vodafone makes bid for Kabel Deutschland »
- 11/06 German court scrutinizes ECB's bond buying »
- 11/06 Poorer pensioners forced to work into 70's »
- 10/06 ECB official: German court could sink euro »
- 10/06 One in four Germans work in low-wage sector »
- 09/06 Germany expands EU small business scheme »
- 07/06 Key German exports eclipsed by China »
- 07/06 Outlook brightens as German trade picks up »
- 06/06 Puma signs Bangladesh factory safety pact »
- 06/06 Tax equality for gay German couples »
See all ads | Join the Marketplace
-
PsyShrink Frankfurt
The Expat Psychologists in Munich, Frankfurt and worldwide -
Chambervelt Rooselain & Cie Ltd.
Insurance and financial planning for English speakers in Germany -
PsyShrink Munich
The Expat Psychologists in Munich, Frankfurt and worldwide -
British Corner Shop
British Corner Shop - The online supermarket for expats
877 jobs available
656 new jobs this week
111 new jobs today
- Consultant (m/f)* for the Central Division Corporate Finance, Mergers & Acquisitions
- Product Manager Credit Card (f/m)
- F4 Senior Actuary (f/m) in Stuttgart
- Commercial Claims Handling & Support Officer (m/w)
- Business Consultant/Software Architect (f/m) in Stuttgart
- IT - PLM architect, Smarteam and Dassault products (m/f)
- Portfolio Risk Analyst (Focus on Risk Policies) (m/f)
- Spanish Speaking Credit Controller (3 month contract)
- Material Controlling Specialist (m/w)
- Process Engineer (m/f)
- 19/06 H&M blames long winter for profit drop »
- 19/06 Sweden sells 6.4-percent stake in Nordea »
- 18/06 Aid cuts would be 'devastating' »
- 18/06 Swedish forestry firm cuts 2,500 jobs »
- 17/06 Sweden among winners in future EU-US deal »
- 17/06 New Telia CEO 'excited' about the job »
- 17/06 ABB board unanimous in pick of CEO »
- 14/06 Wine pulled because it was 'too good': supplier »
- 14/06 Sweden may cut aid to Palestinian territories »
- 14/06 Gothenburg corruption blamed on city culture »
- More Space, More Art – The “New” Lenbachhaus in Munich
Following a long period of restoration work that included an extension, the year 2013 has seen the reopening of the Lenbachhaus in Munich. - By Way of a Detour – Germany at the Biennale in Venice
For decades now it has been considered to be in the best possible taste at the Biennale to call the competition among the nations into question. - “The Monetary Union is Driving the Countries of Europe Apart” – Four Questions for Wolfgang Streeck
The euro is in crisis, a crisis that some say threatens to break up the European Union itself.... - Antigone as a Comic – Detlev Baur on the first theatre magazine for young people
Since 2007 the the youth magazine Junge Bühne has appeared annually. - “Racism is a violation of human rights” – An Interview with Selmin Çalışkan
Police violence, discrimination, the plight of refugees – human rights violations also happen in Germany, says Amnesty International.
- Germany goes to the polls
The elections for the 18th German Bundestag will be held in September. - Districts, cities and communities
Here you'll find official announcements and news on community politics as well as the way to the next public swimming pool. - Keeping an eye on Europe’s values
Jan-Werner Müller, Professor in Princeton, on Hungary as an EU member state. - Committees and Commissions
This is where you can learn more about the most important committees and commissions.
- Consultant (m/f) for SAP Authorization Governance
- Design Engineer Aerospace in Toulouse
- Design Feasibility Engineer / Craftsmanship Engineer (m/f)
- Exterior Designer (m/f)
- Projekt Cost Controller (m/f) for Plant Engineering Projects
- Strategic Project Junior Manager (f/m)
- Filmproduktion sucht
- Filmproduktion sucht Fahrer oder
- Filmproduktion sucht Herstellungsleiter
- Filmproduktion sucht Kostümbildner
- 14:14 Paperwork after a marriage (U.S./German couple)
- 14:12 Tax class change after getting married
- 14:12 Help me pick a summer party playlist
- 14:11 Hauptmieter/Landlord demanding payment in cash
- 14:02 The current weather in Munich
- 13:59 2013 TT American fantasy football league
- 13:52 Getting medical registration in Germany
- 13:50 Police Report (Anzeige) filed against me
- 13:37 Cycling tour from Simbach to Vilshofen
- 13:36 You know it's hot when...
Start trading shares, equities, forex, etc. No commission on equities; Low min. margins. Apply for a CFDs account now!
'Charming, old, beamed cottage for holiday let in Jesus Pobre, Alicante, Spain
www.littlehouseinspain.com/
Professional and qualified consultancy on all insurance and finance matters in Germany, Telephone: +49 2163 571 1740, Email: bg@albatross-assurance.com
www.albatross-assurance.com
Visiting Berlin anytime soon? Book your hotel in Berlin here.
For home-from-home holiday accommodation, search for a Berlin apartment to rent.
Your comments about this article:
anyway, not to detract, Nice 1 Germany! Wauw!
Saturday working is now the norm with the hour going to a "over hours book "
shift work with no extra, short term contracts, many with no sick,holiday pay.
400euro jobs that leave you short when you retire.
Yes welcome to the future or is it the dim and dark past re visited ?.
The bigger companies and so on seem to be able to squeeze through this horrible tax system, but its murder on small businesses - which are the pulse of the country.
I decided to go self employed because I got tired of tzhe rolercoaster ride of having work and loosing work, and at 46 years of age, about the only thing I could find these days is "zeit arbeit," which for some (I would say few in comparrison) works out well in getting taken on by a company, but from what I personally experienced it is just a modern form of slave labor. If it would be regulated with safeguards put in place for the employee, then maybe it would be better - who knows.
The Arbeits Amt sent me through the same hoops that a bank would send me through - for next to nothing in monitary assistance, and trying to get credit from a bank is like pulling teeth from a newborn baby.
I won't even get into the 400 Euro jobs and other things thi country has/are trying out - lol "Enlisted" hit the nail right on the head about that.
Germany best for business? Maybe "once upon a time," but not anymore.