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"Illiberal" or authoritarian countries now control more than 15 percent of world gross domestic product. (Photo: EUobserver)

Think-tank urges caution in EU over sovereign wealth funds

Europe should address the security concerns stemming from foreign investments - especially from authoritarian countries before it moves to make use of them in the current financial crisis, an influential Brussels-based think tank Bruegel has suggested.

The report, published on Friday (7 November) points out that there is a clear tendency of a growing share of inward investment into the EU, including from sovereign wealth funds, to be coming from "countries with diverse political regimes...

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"Illiberal" or authoritarian countries now control more than 15 percent of world gross domestic product. (Photo: EUobserver)

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