Despite the Greek debt crisis reaching a climax this week, Germany’s companies remained upbeat about business opportunities.
Handelsblatt’s Business Monitor, a survey of 664 German executives conducted by research firm Forsa in June, showed the propensity to invest is at a four year high. The willingness to invest has only been so large once before since the outbreak of the financial and economic crisis in 2008, and that was in June 2011.
Some 51 percent of the managers intend to increase their investments in the next 12 months, the Handelsblatt Business Monitor showed. The poll also showed 40 percent of company managers want to keep their current investments at the same level. A mere 9 percent want to reduce it.