Germany overtakes Japan economically / Microsoft will invest $3.44 billion in Germany

Germany overtakes Japan economically Now it’s official: Germany has overtaken Japan to become the third largest economy in the world after the USA and China. According to the Japanese Cabinet Office, Japan’s gross domestic product (GDP) grew by 1.9% in 2023 adjusted for inflation, while Germany’s shrank by 0.3%. However, due to the strong devaluation […]

Germany Remains Top International Business Expansion Location

The German economy might have experienced a stagnant phase in 2023, but this didn’t dissuade leading international corporations from initiating significant expansion endeavors in the largest economy of Europe. In August, the Taiwanese semiconductor manufacturer TSMC selected Dresden as the location for its extensive new semiconductor production facility in Europe, with an estimated value of […]