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The chairman of the EY management board, Henrik Ahlers, considers the decline to be a worrying development: “This is an alarm signal. “Germany is being left behind, other European locations are developing much more dynamically,” he is quoted as saying in a statement. Since 2017, the number of investment projects in Germany has fallen by 35 percent; in Great Britain the decline was 18 percent during the period. France, on the other hand, increased by 20 percent. “France is the big winner from Brexit. Germany, on the other hand, has lost even more investment than Great Britain,” said Ahlers.