Update: Finance Minister Wolfgang Schäuble confirmed on Tuesday that Germany has agreed to join the China-led Asian Infrastructure Investment Bank (AIIB), despite pressure from the US.
Germany may be Europe's biggest economy but it is only the continent's eighth best place to do business. It's easier to start a firm in Iran or Tajikistan than Germany, according to the World Bank.
Germany emerged top and Singapore second in a new World Bank logistics survey that measures how efficiently countries trade their goods around the world.