Germany replaced the United States to become the top place to invest in 2023 with foreign direct investment amounting to €410 billion, latest Eurostat figures show. #EuropeInMotion
  • CyberEgg@discuss.tchncs.deEnglish
    291·
    4 days ago

    But why are conservative and libertarian german politicians try and tell me nobody wants to invest into german companies and everyone with a business and their mom are fleeing Germany with their businesses? They wouldn’t be lying, would they? (/s for safety)

    • DrunkenPirate@feddit.orgEnglish
      12·
      4 days ago

      Im afraid you mix some things here. This article talks about Foreign investment in Germany. It’s not talking about business environment or business issues of German companies - what the politicians and CEO‘s talking about.

      For example, if danish company DSV buys the Deutsche Bahn cargo part, this is a direct investment of a foreign company in Germany. It counts for the figures here. DB Cargo has profit issues and was sold out of that reason. Edit: in 2024.

      Heating tech company Viessmann was sold 2023 for 12 billion to US company Carrier Global and will be counted as well as a direct investment.

      Sure, even new buildings and factories will be erected and counted in the sum. But it doesn’t tell you, that German economy is well. It might be the opposite and foreign companies are on shopping tour in Germany. However, the numbers can’t tell the background, it tells the volume of transactions only.

      Edit:

      “FDI encompasses all kinds of cross-border investments made by an entity resident in one economy (direct investor) to acquire a lasting interest in an enterprise operating in another economy (direct investment enterprise)“

      https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Foreign_direct_investment_positions_by_ultimate_counterpart

  • atro_city@fedia.io
    5·
    4 days ago

    Conservative governments destroy public services to the point where they can claim only private investments can save them, then they sell it off. And they won’t stop until every public service has been privatised. US lobbying money well invested.

    • trollercoaster@sh.itjust.worksEnglish
      4·
      4 days ago

      They may call themselves “conservatives” but “conservative” comes from “to conserve”. I fail to see how that strategy is in any way conservative of anything.

      Maybe we should stop repeating their lie and not call them “conservatives” anymore. They are destructive cleptocrats. Enriching themselves by destroying and selling off public property.