Amsterdam has slipped from sixth to eighth place as an attractive location for businesses in the latest European Cities Monitor report published on Tuesday.

The fact that Amsterdam has dropped two places in the rankings is not because the city’s investment climate has deteriorated but because places such as Madrid and Munich are improving their positions at a rapid pace, according to researchers from Cushman & Wakefield, reports the Telegraaf.
London remains in the top spot, a position it has held for the last 20 years, followed by Paris and Frankfurt.