Foreign investment in Central and Eastern Europe jumped by 70 percent last year, new UN figures have revealed – while sluggish "old" Europe experienced a decrease.
The annual World Investment Report, issued by the UN economic think-tank UNCTAD on Thursday (29 September), shows that foreign direct investment in the EU as a whole dropped by 36 percent to 216 billion dollars.
Foreign direct investment (FDI) refers to the inflow of foreign capital into a country.
It can entai...
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