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Foreign Direct Investments (FDI) Declined by 80%
Participation in companies and real estate are attractive, but Austrian firms are reluctant to make acquisitions in Eastern Europe.
At the height of the economic crisis, the confidence in Eastern Europe disappeared and it has not returned yet: while goods exports are growing strongly again this year, Austrian companies are still reluctant to make direct investments (FDI).
Thus, the Austrian FDI with a decline of 80% last year nearly came to a halt. "And this year, unfortunately nothing much is happening…
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