Foreign Investment Falls In Poland

Foreign direct investment in Poland dropped to 7.7 billion euros (9.8 billion dollars) in 2005, the nation's central bank said Wednesday, following the record year of 2004 when the country signed up to the European Union.

The Warsaw-based national bank said direct foreign investment (FDI) in Central Europe's biggest economy came in at 4.74 billion euros during the first half of this year with the government hoping that FDI would equal the 10 billion euros record it set in 2004.

Despite last year's fall, analysts said the latest data indicated that the nation's current political instability caused by the recent break-up of the current ruling coalition is not leading to foreign investors' turning way from Poland.

The attempt to piece together a new coalition for the nation could end up resulting in early elections being called in the country instead of the ballot which is scheduled for 2009.
Source:www.playfuls.com