by Colman
Thu Jun 8th, 2006 at 10:14:51 AM EST
On top of optimisitic news about the German economy comes this news:
Germany has been ranked the best country in Europe to do business in a new report by accountancy firm Ernst & Young.
German daily Die Welt reports that Germany came out top in Europe and number three globally, after the US and China, according to a poll of over 1,000 managers from international companies.
Germany's position this year means it has overtaken Poland and India which last year stood at number three and four on the global list.
However, the Frankfurter Allgemeine Zeitung points out that Germany's market share of foreign direct investment projects in Europe still lags far behind the market leaders, the UK and France.
The study gives two main reasons for the country's improvement in the rankings - an improvement in the basic working conditions and a strong improvement in the mood of the German economy.(EUObserver)
It's amazing how quickly electing a more right-wing government makes things better.
