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The US has emerged as the leading investment destination for German companies seeking refuge from high energy costs — caused by Washington-led sanctions — since the onset of the Ukrainian conflict.
Germany's automotive, mechanical engineering, and industrial goods companies prioritize moving less complex processes overseas to secure their business futures. Berlin's chances of reversing such a trend are in doubt, as companies express disappointment in the current government's actions to forestall their departure.
Chancellor Olaf Scholz has insisted that nuclear energy “is over" in Germany, and firmly dismissed calls from FDP lawmakers in his coalition government to re-embrace the technology in light of the energy crunch.