Saturday, 20 March 2010

News from Poland

Business

Foreign investment drops drastically

19.11.2009 11:03

 

The Economy Ministry has announced a dramatic fall in the amount of foreign capital invested in Poland since the beginning of 2009.

 

From the beginning of the year until the end of September, foreign capital flow to Poland has decreased by about 4.8 billion euro, 40 percent less than the previous year.

 

In September, foreign direct investment in Poland amounted to 378 million euro, 231 million euro less than in September 2009.

 

National Bank of Poland statistics show that investment capital flow to Poland in 2008 amounted to about 12 billion euro in 2008 and 16.6 billion euro in 2007. (mmj)

Comments
  • John 20.11.2009 00:06 At least Poland is receiving about 4%( equivalent of GDP) funding annually(until 2014 I think) from the EU,which should help through this ecomically anaemic period. John
  • Mark 20.11.2009 06:59 I see real estate investments sitting empty all over Krakow now for almost 2 years, while the prices are still very high. Maybe now with a reduction in foreign investment (much of it is in the real estate sector) prices will come down to realistic levels (50% +). Mark
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