Rising energy prices and "a hard-to-gauge" future energy policy are restraining corporate investment in Germany, a survey by the German Chambers of Industry and Commerce, or DIHK, found Monday.
Rising energy prices and "a hard-to-gauge" future energy
policy are restraining corporate investment in
Germany
, a
survey by the German Chambers of Industry and Commerce, or DIHK, found Monday.
The survey, which questioned 28,000 companies operating in
Germany
,
showed that roughly every second firm regards lingering uncertainty about
future energy costs a key business risk. The government's shift from
conventional to renewable energy sources has been pushing up power prices for
households and most businesses.
The findings come ahead of Wednesday's negotiations between the country's
largest parties--Chancellor Angela Merkel's conservative grouping and the
left-leaning Social Democrats--to form a government.
German energy companies are particularly worried about the government's lack of
clarity on key energy issues: 79% of firms in the sector say it is jeopardizing
its business and hampering investment.
Also, 41% of firms say that the general "economic-political
framework" is posing risks. They cite unease over the future course of
labor market regulation and taxation, after September's general elections left
Ms. Merkel's conservatives five seats shy of a parliamentary majority, a
spokesman at DIHK said.
The SDP on Sunday drew up a list of ten "non-negotiable" demands in
upcoming coalition talks, including a national minimum wage, a
financial-transaction tax and more rights for workers.
DIHK said that, in general, German companies' plan to increase investment amid
rising business sentiment and an improving export outlook. But investment
expectations remain muted compared with the period between fall 2010 and
mid-2012, the survey showed.
Διαβάστε ακόμα
Παρ, 26 Ιουλίου 2024 - 16:04
Παρ, 26 Ιουλίου 2024 - 16:02
Τετ, 24 Ιουλίου 2024 - 15:10
Τετ, 24 Ιουλίου 2024 - 15:06
Τρι, 23 Ιουλίου 2024 - 16:51