Germany at risk of mass exodus of companies ...News

Every fourth enterprise may move abroad due to inflation and soaring energy costs, a German industry group warns One in four German companies is considering moving production to other countries amid the energy crisis, Tanja Gönner, CEO of the Federation of German Industries (BDI), told Die Welt am Sonntag news outlet. “The high energy prices and the weakening economy are hitting the German economy with full force and are placing a great burden on our companies compared to other international locations. The German business model is under enormous stress…Every fourth German company is thinking about relocating produ

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