Germany's news in English

Editions:  Europe · Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland

Germany ranks among top countries for foreign investment

Share this article

Germany ranks among top countries for foreign investment
Developers and politicians involved in Frankfurt runway project. Photo:DPA
14:15 CEST+02:00
Germany remains a favourite destination for international investors despite the global economic crisis, according to a new survey by professional services firm Ernst & Young.

A worldwide ranking based on answers from more than 1,000 high-level decision makers put Germany in sixth place behind China, the United States, India, Russia and Brazil.

Forty-three percent of poll participants said Germany had the best conditions to overcome the economic crisis.

“This definitive result was a surprise to us,” Ernst & Young expert Peter Englisch said.

Only 11 and 9 percent of those asked thought Britain and France were well-poised to deal with the crisis, he added.

Deciding factors for considering a country a good place to invest included innovation, entrepreneurial spirit, sector-specific know-how, and different large industrial groups.

Many investors said they trust Germany will navigate the current downturn with mastery.

 
Get notified about breaking news on The Local

Share this article

The Local is not responsible for content posted by users.
Become a Member or sign-in to leave a comment.

From our sponsors

Four ways to lower your rent in Germany

It's often expats in Germany who find themselves paying unduly high rent, but that doesn't mean you can't get a better deal - even if you've already signed your tenancy agreement.