International business
FDI in Greece at record levels
Foreign direct investment in Greece registered a historic high in 2022, according to data from the United Nations Conference on Trade and Development (UNCTAD).
Its annual report on FDI, World Investment Report 2022, showed its value in Greece at $7.604 billion last year, against $6.328 billion in 2021, up by 20.2%.
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Foreign direct investments up 7.6% in 2022
The stock of foreign direct investments (FDI) in Slovenia amounted to €20.2 billion at the end of 2022, up by 7.6% compared over the year before, shows a report by the Bank of Slovenia.
Austria remained the largest investor and accounted for 22.7% of FDI at the end of last year, with investments primarily in manufacturing, trade, and maintenance and repair of motor vehicles.
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Third-country investment screening mechanism enacted
The National Assembly has unanimously endorsed a bill to extend a mechanism whereby the government can screen potentially risky foreign direct investment (FDI). However, investors from EU countries will now no longer be deemed foreign.
Nebati slams opposition leader over FDIs
Treasury and Finance Minister Nureddin Nebati has slammed the leader of the main opposition party over his comments on the foreign direct investments (FDI), saying that FDI inflows into Türkiye soared in the past two decades.
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Real estate bolsters foreign investments
Foreign direct investment (FDI) hit a 20-year high in 2022, reaching 7.22 billion euros, according to Bank of Greece data, but to a large extent this concerns takeovers or privatizations of already existing businesses, as well as the purchase of real estate.
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Temping likely to become more restricted
The Slovenian government has indicated it will introduce new measures to curb temporary work, a popular practice, after chambermaids at a state-owned hotel chain protested against being outsourced and after criminal complaints were filed against two temping agencies.
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€460 million in FDI expected this year
Spirit Slovenia, the national business development agency, has been around in its current form for ten years. One of its main tasks is to attract foreign direct investment. Its director Rok Capl says it was successful in that last year despite a challenging international environment.
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Investment Office releases guide book
The Presidential Investment Office and global professional services network PwC have prepared a guide for foreign investors. The guide offers 10 insights from taxes to incentives to grow a business in Turkey.
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Delo warns against misinterpretation of macroeconomic figures
Ljubljana – The newspaper Delo warns in Saturday’s commentary against misinterpretation of macroeconomic indicators before election, noting that rather than boasting with figures politicians should offer solutions for the future.
Central Bank to move to Istanbul in Summer
The Turkish Central Bank will move its headquarters from Ankara to Istanbul this summer, according to an internal e-mail notice reported by the local media on Feb. 14.
Last year, Central Bank Governor Şahap Kavcıoğlu told the media about plans to relocate the bank's units to the Istanbul Financial Center (IFC), which is still under construction, within 2022.
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