Germany Sees Record-Low Interest in Founding New Businesses
- Survey shows another drop in meetings with potential founders
- Entrepreneurs give worst recorded grade for business location
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Germany’s appeal as a location for founding a business and interest in setting up a new company are at record lows, according to a new survey, adding to the negative sentiment around Europe’s biggest economy.
While the economic situation and uncertain business environment play a part, entrepreneurs also highlight issues such as bureaucracy and high costs, the poll published Wednesday by the DIHK German Chamber of Commerce and Industry showed.