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Coping with the crisis, the European way

Jun 17, 2013
Ernst & Young's European Attractiveness Survey 2013 measures real foreign direct investment (FDI) in terms of projects initiated and jobs created and reveals the perceptions of more than 800 decision-makers. Over the past year, FDI in Latvia helped increase jobs by a stunning 241% or 290 jobs created, however the volume of investment projects, was halved. Regarding FDI inflow, Latvia falls behind its Baltic neighbours Lithuania and Estonia.

Ernst & Young performs this survey every year. It provides an insight into FDI projects in Europe. It is based on Ernst & Young's monitoring data on the implemented projects. The poll of managers that lead 808 countries presents a general outlook about future perspectives of FDI in the region. This also shows just how attractive Europe is in the eyes of foreign investors.

The survey is available online.

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I look forward to promoting stronger U.S.-Latvia ties and working with AmCham members to ensure Latvia is a trusted destination for international business.

John Tully, Chairman of the Board of MikroTik

Being an AmCham member is a great opportunity of interacting with other members about business & market dynamics in Latvia and in all Baltic states. Looking forward to collectively supporting our future, particularly in the areas of talent sustainability and business progress.

Yesim Ozer, Market Director Mars Baltics