Soaring energy prices… regulations…35% of German companies say country is too hostile to business.
Blackout News here reports on how a growing number of German industrial companies are relocating their production abroad, driven by soaring energy costs, stifling bureaucracy, and an increasing tax burden.
As Germany gets greener, more companies are shuttering, moving out. Grok AI image.
A recent survey by the German Chamber of Industry and Commerce (DIHK) reveals that a staggering 35 percent of companies now cite cost reduction as the primary motivation for their foreign investments – the highest such figure since the 2008 financial crisis.
That’s worrisome news for the country, which recently voted for a change in recent national elections. However, chancellor candidate and election winner Friedrich Merz has since broken his major campaign promises and instead will pledged to further accelerate the destructive green policies and to pile on debt like never before.
German companies looking for business-friendlier environments
The DIHK reports that the traditional driver of tapping into new markets abroad now accounts for just 30 percent, and that instead the focus has sharply shifted towards securing economic advantages in locations with more favorable cost structures.
Little hope of reform
Energy-intensive industries are particularly feeling the pinch, facing intensified international competition that is accelerating the trend of relocation. Although ongoing coalition negotiations between the CDU, CSU, and SPD are grappling with ways to reduce electricity taxes and halving grid fees, companies are skeptical these steps will stem the hemorrhaging.
DIHK President Peter Adrian has called for “more freedom, lower costs and faster administrative action” to restore Germany’s competitiveness.
Germany’s business attractiveness as an investment destination is demonstrably declining and has reached a critical juncture. Domestic investment is weak with two out of five industrial companies planning to scale back their investments within Germany.
Merz breaks all his major campaign promises
Without swift and comprehensive reforms, the long-term competitiveness of Germany as a business location faces a significant threat, potentially leading to a further exodus of its vital industrial base, warns Blackout News.
As Germany’s CDU party led by Friedrich Merz negotiates with the SPD socialists on forming a new government, early signals are showing that things are going to get a lot worse instead of better as Merz breaks his campaign promises. In a recent survey, almost 75% of respondents feel they got duped by Merz.
Saddly, it seems that in Germany the traditional parties are all corrupt and will never act for the people’s interest, as in France.
There are only 3 countries that can put the current UE madhouse out off business : those who actually are paying since decades for this madness :
– Germany, France and The Netherlands.
This can be done in a finger snap : Just stop paying for the UE and go ahead with common sense, people oriented policies (as Javier Milei is doing in Argentina).
They have to make debts because the USA won’t pay anymore for defending Europe (and I think it is right so, because during the whole cold war and these first 20 years of the century) Europe has happily relied upon US presence. So the US were forced to spend while Europe has just saved money.
If this money would have been used for the population, then I would say that we have all gained something, but instead money was used for financing an irresponsible migration policy.Complaining that Europeans have no children, the politics allowed waves of illegals to enter the country. Now just using this money for families would have led to the birth of many new children.
SO now we have the US that do not want to pay for European defence, Europe that has destroyed all its ‘industrial base, has not helped families and has not improved the well being of its citizens. But it has even not reduced the national debts.
So now we have a worse situation compared to 25 years ago and we also have to rebuild a credible defence.
Why use rubbish AI images showing an articulated truck with a tractor unit at both ends?
Sorry the image upsets you. But it’s free and doesn’t cost anything. Most of the time Grok does a pretty good job.
Channelling Dr Dolittle..
Ask for a “dual-cab”.. you get it. ! 😉
I like these ‘obviously silly’ images AI often comes up with.
thank you
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