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The new giving: The smartest investment in Eastern Germany is a donation

Populist governments are a location risk. Our author shares a list of organizations that strengthen civil society.

Translated from German Read in German

The new giving: The smartest investment in Eastern Germany is a donation

A 10 billion euro chip factory is being built in Dresden, the largest private investment in eastern German history. However, concerns are raised about the impact of the far-right Alternative for Germany (AfD) party, which is polling at 43% ahead of a state election in nearby Saxony-Anhalt. A survey of 65 economic development officials found over 80% see the rise of AfD as a risk to their region, with no one seeing it as an opportunity.

Research has shown that anti-foreigner sentiment can deter workers from moving to a region, and populist governments can cost their countries around 10% of economic output over 15 years.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

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