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Germany: Industrial, Labour, Tax Reforms Essential to Revive Growth Amid Geopolitical Challenges

Source: Eurostat, US Energy Information Administration, Scope Ratings. Highlighting the 10 largest EU economies and the US. Midpoints refer to EU averages.

Competitive Tax Regime and Labour Market Reforms to Encourage Private Investment

A more competitive personal and corporate tax regime could help raise private-sector investment and narrow the large investment gap, which Scope has estimated for Germany at more than EUR 400bn compared to the economies of other AAA Scope-rated sovereigns.

Germany’s corporate tax rate is high at 29.9%, above those of Italy (27.8%), France (25.8%), the US (25.6%) and the UK and…
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