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Germany’s Energy Crisis Sends It Tumbling Down Investment Rankings

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The energy shortages plaguing Europe’s largest economy since 2021 have affected its attractiveness as an investment destination. According to a report in the German daily Augsburger Allgemeine, Germany now ranks 18th out of 21 countries, falling four places in the ranking produced by the German economic research institute ZEW, Reuters reported. The institute cited higher energy costs and a labor shortage for the revision of Germany’s place in the ranking, along with the slow pace of innovation and a complicated bureaucratic environment.…

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