Ripe for resurgence: Containers at a cargo terminal in Frankfurt, Germany. Goldman Sachs recently opened an office in Munich due to its vibrant startup scene. — AP
FRANKFURT: Germany’s economy may still be in the doldrums, but investors are starting to change their tune.
According to Dan Dees, Goldman Sachs Group Inc’s co-head of global banking and markets, the conditions for deals have started to improve, German industrial companies are exploring options to expand – albeit in the US – and the startup scene is about as vibrant as anywhere else.
