Bureaucracy beats everything: German companies name location problem #1
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A survey shows where German companies feel the pinch most: bureaucracy beats everything – neither labor costs nor energy prices land at the top.
AI MODIFIEDTVS News AI, editorially supervised, presents Bureaucracy beats everything: German companies name location problem #1.
You have probably heard it too: When the topic of Germany as a business location comes up, the discussion usually centers on high labor costs and energy prices. But according to a survey, that's not currently at the top – bureaucracy apparently beats everything.
This is the result of a survey on the biggest problems facing Germany as a business location. The focus is not on non-wage labor costs or electricity prices, but on administrative burden.
What the survey shows
The survey puts a spotlight on an issue that rarely tops the economic policy debate: bureaucratic burden. Instead of the often-cited cost drivers, the surveyed companies identify bureaucracy as the most pressing problem for their operations in Germany.
Labor costs and energy prices not at the top
What many observers consider the main problem doesn't make it to the top in the survey. Neither the much-criticized labor costs nor the high energy prices are mentioned most often – a result that calls into question the usual weighting in the debate.
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