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Foreign investment drops sharply in France and Germany

Foreign investment in France and Germany, the two largest economies of the European continent, fell sharply in 2004, according to figures released yesterday (23 June) by the Organisation for Economic Cooperation and Development (OECD) in Paris.

In France, inward investment almost halved last year, falling from $43bn to $24 bn.

In the case of Germany, foreign investors actually withdrew about $39bn from the country, reversing the inflow of $27bn recorded in 2003, the OECD said in t...

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Author Bio

Lisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.

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Author Bio

Lisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.

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