SATURDAY, 27 FEB 2021

 

CONNECT

Facebook Linked In Twitter
GAP Vassilopoulos
GloriaJeans_266x90px
IMH LTD

Perdios Presents Main Goals of the 2030 National Strategy for Tourism

President Expresses Strong Determination To Participate In Informal Meeting In Geneva On Cyprus

IMH LTD

ECONOMY

€8,99 Trillion In FDI Stocks Held By EU Investors In The Rest Of The World

€8,99 Trillion In FDI Stocks Held By EU Investors In The Rest Of The World

Net foreign direct investment (FDI) stocks held in the rest of the world by investors resident in the EU amounted to €8 990 bn at the end of 2019, up by 3.8% compared with the end of 2018, according to data released by Eurostat. Meanwhile, investment stocks held by the rest of the world in the EU also increased to €7 138 bn at the end of 2019 (+3.4%). Consequently, the EUˈs net investment position vis-a-vis the rest of the world was higher than a year earlier i.e. €1 851 bn at the end of 2019 compared with €1 761 bn at the end of 2018.

 

 

Special Purpose Entities (SPEs) resident in the EU continued to play a significant role in FDI, albeit a less prominent one than a year earlier. At the end of 2019, they accounted for 48% of the total EU FDI stocks held abroad and for 57% of the FDI stocks held by the rest of the world in the EU, compared with 51% and 61% respectively in 2018.

 

USA and the UK: by far the main FDI partners

At the end of 2019, the United States absorbed 24% of the total FDI stocks held by the EU in the rest of the world (€2 161 bn), closely followed by the United Kingdom (€1 872 bn, 21%). They were far ahead of Switzerland (€969 bn, 11%), Canada (€399 bn, 4%), China (incl. Hong Kong; €362 bn, 4%), Brazil (€319 bn, 4%), Russia (€311 bn, 3%) and the United Arab Emirates (€271 bn, 3%).

 

 

In the reverse direction, United States' direct investors accounted for 28% (€2 003 bn) of the total FDI stocks held by the rest of the world in the EU at the end of 2019 and those of the United Kingdom for 18% (€1 278 bn). They were followed by those from Switzerland (€735 bn, 10%), Bermuda (€411 bn, 6%), Jersey (€304 bn, 4%), China (incl. Hong Kong; €255 bn, 4%), Canada (€239 bn, 3%), Cayman Islands (€219 bn, 3%) as well as Japan (€217 bn, 3%).

 

 

MORE ON ECONOMY

Bank Of Cyprus Posts €171 Net Loss In 2021, Continues De-Risking Despite Covid Crisis

Bank of Cyprus, Cyprus’ largest lender posted a net loss of €171 million in ...

Economic Sentiment In Cyprus Deteriorates Marginally In February

In February 2021, economic sentiment in Cyprus deteriorated marginally as the Economic ...

Cyprus Trade Deficit: January – November 2020

Cyprus` trade deficit was €4,326.2 mn in January – November 2020 compared to ...

FROM AROUND GOLDNEWS

   

11th Nicosia Economic Congress

IMH, in association with the Institute of Certified Public Accountants of Cyprus (ICPAC), presents the 11th Nicosia Economic Congress on Tuesday, 20 April 2021 ...
   

4th Cyprus International Tax Conference

IMH is organizing the digital event “4th Cyprus International Tax Conference” on Thursday, 30 March 2021.   Distinguished speakers from ...
   

Danos | International Property Consultants & Valuers: Thessaloniki Market Report

Greek Economy Overview Greece had to face the outcomes of a ten year economic crisis, which officially came to an end in 2019. Before yet witnessing the ...
   

Alphamega Hypermarkets: New Stick & Win Loyalty Programme Featuring Top Quality MÖVE Products

Alphamega Hypermarkets have launched a collaboration with the brand MÖVE as part of the company’s Stick & Win loyalty programme, rewarding ...
   

Perdios Presents Main Goals of the 2030 National Strategy for Tourism

Cyprus Deputy Minister of Tourism Savvas Perdios presented the main goals of the 2030 National Strategy for Tourism, during a teleconference with the World ...
   

European Leaders Are Calling For A “Vaccine Passport” Before The Summer Tourism Season Arrives.

European leaders, deeply concerned that another summer’s lucrative tourism trade could be lost to the pandemic, are escalating calls for the European ...
   

President Expresses Strong Determination To Participate In Informal Meeting In Geneva On Cyprus

President Nicos Anastasiades has expressed strong determination to participate in the informal meeting on Cyprus which will take place in Geneva.  The UN ...
   

G.A.P. Vassilopoulos Group Proudly Announces Its Cooperation With DSV PANALPINA A/S

G.A.P. Vassilopoulos Group proudly announces its cooperation with DSV PANALPINA A/S, one of the largest Freight Forwarding companies in the world. ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

IMH_COMPANY_PACK_2021
Forex_29/01-07/04

IMH LTD