Foreign direct investment (FDI) in central and eastern Europe should top Ђ20bn in 2004 and 2005, according to Bank Austria Credianstalt (BA CA).
Poland looks set to receive Ђ4.5bn in 2004 and Ђ4.9bn in 2005, a large amount compared to its neighbours.
However, analysts point to the fact that Poland has the largest economy, while the Czechs and Slovaks have far more competitive markets and are at a much more advanced stage of privatisation. The foreign debts of the EU new entrants will increase from Ђ 254bn in 2003, to Ђ280bn in 2005, said Hans Holzhacker, economist at BA CA.
Source: Puls Biznesu
