German Business Leaders Warn of Rising Corporate Exodus
High energy costs, regulatory hurdles, and declining investment threaten Germany's economic competitiveness.
- Key economic groups report that large corporations are relocating production abroad while small and medium-sized businesses struggle or close down.
- Energy-intensive industries such as chemicals, metals, and manufacturing are especially affected by high costs and regulatory challenges.
- The Deutsche Industrie- und Handelskammer (DIHK) highlights a structural crisis, with business confidence in Germany reaching historic lows.
- A third of German companies plan to cut investments, raising concerns over long-term economic growth and employment.
- Experts call for urgent reforms, including tax cuts, reduced bureaucracy, and enhanced digital infrastructure, to restore competitiveness.