Germany is the most attractive place for investors in Europe, the results of a global survey revealed on Tuesday. Business leaders praised the nation’s openness, stability and transparency.
A global survey of investors and managers from Ernst & Young placed Germany as the best place in Europe and fourth best place in the world to invest behind China, the USA and Russia.
Managers worldwide said Germany, which had climbed two places in the rankings since last year, was particularly attractive due to its stable and transparent political and legal environment.
Other important pluses included the country’s solid infrastructure and well-qualified workforce, according to the study carried out by the London-based professional services firm.
Four German cities were in the top ten European cities to invest in with Berlin third - behind London and Paris - Frankfurt am Main fourth, Munich fifth and Hamburg ninth.
Eighteen percent of the managers asked said Germany would be in their top three places to invest - up from 10 percent in 2010. And it would seem the nation’s perceived popularity is also translating into real investment.
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http://www.thelocal.de/20140528/study-germany-best-place-to-invest-in-europe
Source: The Local