WIIW: FDI in CESEE to Decline

Politics ♦ Published: June 7, 2013; 09:31 ♦ (Vindobona)

The Vienna Institute for Economic Studies (WIIW) forecasts a decrease of 20 percent in foreign direct investments.

WIIW: FDI in CESEE to Decline / Picture: © Vindobona.org

Foreign investors avoid Eastern and South Europe. Their assests do not play a vital role as economic engines anymore. Most countries face recession, Gabor Hunya, expert at WIIW, announced on Thursday in Vienna. This year a significant decrease in foreign investments in the region – around a fifth on average – is expected. The strong surges in the Czech Republic and Hungary in 2012,…