8 new EU states including Lithuania likely to attract most foreign investment, forecasts the Financial Times
Published:
30 September 2004 y., Thursday
Lithuania together with seven other new EU member states makes up one of the three subregions in Eastern and Central Europe, which is likely to attract most foreign investments and to be the fastest growing, according to forecasts of the Financial Times.
The second subregion consists of Romania, Bulgaria and other Balkan countries and the third includes Russia, the Ukraine and Moldova.
At present Eastern and Central Europe is the fastest growing region in the world. Different analysts forecast that the GDP growth in the region will be about 6%, whereas in Western Europe it will make up only 2%. In Northern America the economy will grow by 4%-4.5%, and in Asian countries by about 5%.
The fast economic growth of the new EU member states will be stimulated by trade with old EU member states and EU support. Good economic forecasts have a positive effect on the decisions of international companies who tend to choose Eastern and Central Europe for investments much more often. Analysts forecast that green-field investments and mergers and acquisitions will be the most popular ways of investing in new EU member states, as privatisation there is almost over.
Šaltinis:
lda.lt
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
An aviation agreement has been signed today by the European Union and the Vietnamese authorities which will remove nationality restrictions in the bilateral air services agreements between EU Member States and Vietnam.
more »
The European Investment Bank marked the 50th anniversary of the Republic of Cyprus and its 30 years of activity in the country with a public ceremony celebrating the signature of a total of EUR 180 million for urban environment.
more »
In response to the financial crisis, the Commission has put forward legislative proposals to strengthen and expand existing tools for coordinating economic and fiscal policy in the EU.
more »
In the first meeting of the SME Finance Forum, possible means to improve the current situation of access to finance were discussed, such as the introduction of a grace period for firms in difficulties, the involvement of credit mediators and improved loan guarantees.
more »
The EU budget is no simple matter, but then no budget ever is.
more »
Parliament will be crucial in avoiding a “lowest common denominator” approach when helping to design the EU's new economic governance architecture, ECB president Jean-Claude Trichet told the Economic and Monetary Affairs Committee on Monday.
more »
With a multitude of language-related events taking place on or around 26 September, the main themes for this year's European Day of Languages are business and jobs.
more »
The EU disbursed today € 1.15 billion to Romania, the third instalment of a € 5 billion loan, which was agreed in May 2009 as part of a multilateral financial assistance package.
more »
The European Investment Bank has agreed to lend GBP250 million for the replacement, reinforcement and expansion of the gas distribution networks operated by Scotland Gas Networks and Southern Gas Networks.
more »
The bargaining positions of all players in the human food chain must be rebalanced, and fair competition enforced by law, to ensure fair returns to farmers and price transparency to consumers, says Parliament in a resolution voted on Tuesday.
more »