Economy
Raymond Johnston|27.06.2011

FDI in EU-27 falls for third year

The economic crisis had a large impact in foreign direct investment (FDI) both out of and into the EU-27 in 2010. Investments from the EU-27 into the rest of the world fells 62 percent compared with the previous year. Investments into the EU-27 fell even sharper, by 75 percent. The US was the main source of investment into the EU-27 although it was down from €97 billion euro in 2009 to €28 billion in 2010.

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Economy|Czech numbers
Raymond Johnston|16.12.2010

New EU states stand at the back of PPS line

Czechs have about 82 percent of the purchasing power of the average EU citizen, according to figures from Eurostat. The situation is slowly improving, but at its current rate it will take 18 more years for the country to reach the EU average. So far, Portugal is the only old-member EU country the Czech Republic has managed to pass.

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