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Business

May 28, 2024 08:02 GMT

Europe's hot spot for investment

Germany is the place to be if you plan to invest. The country is the most attractive one in Europe because of its transparency and stability according to a global survey.

 

Germany leads the way in Europe when it comes to investments and businesses. It also ranks high in the world and it is only outmatched by China, United States and Russia. Germany climbed two positions since last year because of legal facilities.

 

Managers worldwide consider Germany as a great place to invest because of the existing legal environment and financial and political stability. Other pluses that work together is are qualified workers and an impressive infrastructure.

 

The same figures were revealed by local statistics. Foreign investment rose by more than 10 percent in early 2014. “Germany is clearly the most robust and competitive of the large economies in Europe and has an excellent reputation among foreign businesses,” said Peter Englishc, EY Partner.

 

Germany also ranked high in “cities to invest” with Berlin, Munich, Frankfurt and Hamburg all hitting the top ten.