Bureaucracy costs German companies €62 billion a year
German companies are paying around €62 billion a year to cover the cost of bureaucracy and administrative demands, both from Berlin and Brussels.
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Popular articles tagged "German SME"
German firms hire 325,000 staff since 2022 just to handle bureaucracy
Most new jobs created by German companies in the past three years came in response to the ever-growing bureaucratic onus put on the private sector.
Rise in German bankruptcies shatters hope for quick economic revival
The number of companies in Germany filing for bankruptcy has unexpectedly jumped to its highest value since at least 2018.
French Development Agency accused of ‘scandalous’ spending by MEP
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Two in three German companies relocate abroad amid energy chaos
Two out of three German companies have at least partly relocated their operations abroad because of Germany's ongoing energy chaos, says consultancy firm Deloitte.
Nearly half of SMEs ‘may end operations’ in Germany
Almost 50 per cent of small-to-medium enterprises (SMEs) in Germany are considering ending their operations there, research by an industry body has found.