Episode Details

German companies are caught in a tug-of-war: thousands fled abroad to dodge rising costs, only to now retreat as global tensions and competition reshape their strategies. While energy and labor expenses once drove mass relocations—costing nearly 51,000 jobs—new data shows a sharp reversal, with over 100,000 firms pulling back from overseas operations. Yet, cost-cutting still pushes 43% to invest abroad, now favoring Asia over North America, while the eurozone remains their anchor for stability.

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