The study, commissioned by the German-French Chamber of Industry and Commerce, shows that high public debt, coupled with slow consumption and growth, negatively affects perceptions of… German investors on French economy.
According to the survey, 84 percent of German companies operating in France rate the economic situation in the country as average, a sharp decline from 2022, when 40 percent rated it positively.
The study showed that the uncertain political climate following early parliamentary elections this summer prompted 25 percent of German companies surveyed to reconsider their investment strategies in… France. However, 75 percent expressed their intention to continue Investments Planned.
The Executive Director of the French Chamber of Commerce, Patrick Brandmeier, said in statements to the French newspaper “Les Echos” that the austerity budget planned for next year, which includes tax increases on large companies, is causing concern among investors, and he added: “If implemented, this will represent a danger to the competitiveness of companies.” And, in the long run, due to the attractiveness of France.”
Brandmeier stated that hopes will be maintained by the President Emmanuel Macron His pro-business course has been discouraged, adding in turn that although the environment may be tense, “this does not mean that German investment in the country will stop,” and he said: “France has advantages that will remain.”
In 2023, Germany continued to be the largest European investor in France, and the second largest foreign investor in the country after American companies.
