Jan 15 (Reuters) – Germany’s attractiveness as an funding location has fallen 4 locations to 18th of 21 in a rating of commercial economies by financial analysis institute ZEW, newspaper Augsburger Allgemeine reported on Monday.
Rising power prices and ongoing labour shortages have compounded current issues of excessive taxes, complicated paperwork and sluggish tempo of innovation, the research stated, bumping Germany down the listing with solely Hungary, Spain and Italy beneath it.
The Mannheim-based institute ranked america, Canada, Sweden and Switzerland for causes from cheaper power within the U.S. and Sweden to entry to capital and a well-functioning state in Switzerland.
Reporting by Victoria Waldersee
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