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Germany falls to bottom rung of investment ranking on energy costs, labour shortage

(Reuters) - Germany's attractiveness as an investment location has fallen four places to 18th of 21 in a ranking of industrial economies by economic research institute ZEW,...
Germany falls to bottom rung of investment ranking on energy costs, labour shortage © Reuters. FILE PHOTO: Technicians work in the assembly line of German carmaker Volkswagen's electric ID. 3 car in Dresden, Germany, June 8, 2021. REUTERS/Matthias Rietschel/File Photo

(Reuters) - Germany's attractiveness as an investment location has fallen four places to 18th of 21 in a ranking of industrial economies by economic research institute ZEW, newspaper Augsburger Allgemeine reported on Monday.

Rising energy costs and ongoing labour shortages have compounded existing problems of high taxes, complex bureaucracy and slow pace of innovation, the study said, bumping Germany down the list with only Hungary, Spain and Italy below it.

The Mannheim-based institute ranked the United States, Canada, Sweden and Switzerland for reasons from cheaper energy in the U.S. and Sweden to access to capital and a well-functioning state in Switzerland.

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06-02-2023 14:04:40 (UTC+7)

EUR/USD

1.0785

-0.0008 (-0.07%)

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EUR/USD

1.0785

-0.0008 (-0.07%)

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GBP/USD

1.2056

+0.0006 (+0.05%)

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USD/JPY

131.85

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AUD/USD

0.6931

+0.0012 (+0.17%)

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USD/CAD

1.3412

+0.0016 (+0.12%)

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EUR/JPY

142.20

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EUR/CHF

0.9978

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    EUR/USD 1.0785 ↑ Sell  
    GBP/USD 1.2056 ↑ Sell  
    USD/JPY 131.85 ↑ Buy  
    AUD/USD 0.6931 ↑ Sell  
    USD/CAD 1.3412 ↑ Buy  
    EUR/JPY 142.20 ↑ Sell  
    EUR/CHF 0.9978 ↑ Sell  
    Gold 1,888.15 ↑ Sell  
    Silver 22.490 Sell  
    Copper 4.0640 ↑ Sell  
    Crude Oil WTI 73.64 ↑ Buy  
    Brent Oil 80.31 ↑ Buy  
    Natural Gas 2.461 ↑ Buy  
    US Coffee C 173.63 Buy  
    Euro Stoxx 50 4,257.98 ↑ Buy  
    S&P 500 4,136.48 ↑ Buy  
    DAX 15,476.43 ↑ Buy  
    FTSE 100 7,901.80 ↑ Buy  
    Hang Seng 21,223.00 ↑ Buy  
    Small Cap 2000 1,985.53 ↑ Sell  
    IBEX 35 9,225.60 Neutral  
    BASF 54.040 ↑ Buy  
    Bayer 56.68 Neutral  
    Allianz 220.75 ↑ Buy  
    Adidas 161.06 ↑ Buy  
    Lufthansa 9.902 ↑ Sell  
    Siemens AG 145.02 ↑ Sell  
    Deutsche Bank AG 11.530 Buy  
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Cập nhật lúc 13:58:16 06/02/2023
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