Trade Resources Industry Views German Enterprises Hesitate to Invest in the UK

German Enterprises Hesitate to Invest in the UK

Germany may decrease investment in the UK for the latter may withdraw from the EU. Alexander Schumann, chief economist of the German Industry and Trade Commission (DIHK), said in an interview with Reuters: "Enterprise are full of hesitation to make new investments. Capital market is just like a frightened deer. Britain now is reaping what it has sown. "

British Prime Minister David Cameron (David Cameron) has provoked a debate on whether Britain will withdraw from the EU. In a speech, the conservative party leaders announced that he would initiate a referendum, which will not start until 2015.

German Industry and Trade Commission worried about destabilizing factor that whether the UK to stay in the EU might be harmful to the European economy. 

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Topics: Machinery