Germany is still attractive to investment despite prices and high regulations

Despite the high prices and high regulations, foreign companies have different positions towards Germany as a place for economic business, according to a German government study.

The study conducted by the German -owned German Trade and Investment Agency, which includes about 1,800 companies from Britain, France, the United States, Japan and South Korea.

According to the agency data, it is “the first study of international companies to the largest economy in Europe.”

“Institutional regulations in Germany are high, and the tax burdens there are so high, and it is difficult to learn its language, it can be obstacles and pure energy.”

On the other hand, according to the “German news agency”, “Germany is a massive and economically stable market, qualified activists, innovative energy, innovative energy, excellent environment for scientific research and development, which provides excellent capacity.”

Participants emphasize the availability of skilled workers, the power of innovation and the importance of effective legal framework as positive aspects.

In general, 60 percent of participants reported that Germany had good infrastructure, as well as strong scientific organizations and excellent production conditions.

The study also reveals the spread of stereotypes about Germany and its benefits abroad. When talking about Germany, participants automatically refer to their economic strength and stability, and then its innovative power, skilled workers and work discipline.

Most foreign administrators connect Germany with German language, reliability, quality and difficulty of the auto industry. The study surveyed the opinions of administrators responsible for expansion decisions.

Yulia Brane, the head of the German Trade and Investment Agency, said: “I have not studied this scope and is comprehensive as a place of financial business on Germany,” said Yulia Braneh, head of German Trade and Investment Agency.

Germany – as a business place – faces harsh criticism from the financial federations; According to a poll conducted by the leading German “Evo” Institute in Economic Research, German economists believe that Germany has been an average place for economic business in European countries, and that about 80 percent of experts have been less attractive in the last 10 years.

The German Trade and Investment Agency Poll provides a different image, as the strengths of Germany have financial stability and financial capabilities (14 percent), then talented workers (10 percent), supply chains (10 percent), innovative capabilities (8 percent) and their distinguished geographical position (7 percent).

In weaknesses, participants mention high management and employment costs (14 percent), language and cultural differences (9 %), high regulations (8 percent) and high tax burden and social security works (7 %).