Foreign Direct Investments (FDI) Declined by 80%
Published: September 22, 2010; 15:32 · (Vindobona)
Participation in companies and real estate are attractive, but Austrian firms are reluctant to make acquisitions in Eastern Europe.
Foreign Direct Investments (FDI) Declined by 80% / Picture: © Wikipedia / Wdwdbot
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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