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EU Tech Loop with Euronews

Germany's startup boom: What is working and what is holding them back

This article was authored by Jens Teutrine, DACH representative (Germany, Austria and Switzerland) at the Consumer Choice Center, and a former Member of Germany’s Federal Parliament. The views expressed in this article are those of the author and do not necessarily reflect the official policy or positions of EU Tech Loop or Euronews.

For years, the message in many German news reports was the same: a start-up slump in the land of inventors and thinkers. Young people would rather join the public sector. Burdensome bureaucracy holds businesses back, as though the quest for the legendary Permit A38 in the animated film The Twelve Tasks of Asterix had become reality.

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