The net outflow of foreign direct investment to Poland amounted to EUR 2,991mn in December of 2013 vs. net inflow of EUR 4.76bn in 2012, according to the data of the National Bank of Poland (NBP).
In December of 2013 alone, Poland reported net FDI outflow of EUR 2,206mn vs. net outflow of 590mn a month earlier and compared to minus EUR 995mn in December of 2012.
In December of 2013, this balance comprised positive reinvested earnings (EUR 293mn), outflow of capital against debt instruments (EUR 1,784mn) and decrease in equity (EUR 715mn). Transactions linked to liquidation of special purpose entities has a significant impact on this balance as they contributed to outflow of capital against direct investment in the amount of EUR 1,148, the central bank reported.
It also said that in December of 2013, positive balance of foreign portfolio investment in Poland amounted to EUR 268mn and resulted mainly from non-resident investment in debt securities (EUR 277mn) - mostly treasury bonds issued on both domestic and external markets. In the entire 2013, foreign portfolio investment in Poland was positive at EUR 7,11mn vs. plus EUR 16,039mn in 2012.
Poland broke EU law by increasing logging in the ancient Bialowieza Forest under a pretext of fighting spruce beetle, the Court of Justice of the European Union (CJEU) ruled on April 17. The ... more
Standard and Poor’s raised its outlook for Poland from stable to positive on April 13, while maintaining the country’s rating at BBB+. The raising of the outlook is based on ... more
Finland has issued a second and final permit for the construction of the controversial Nord Stream II pipeline that is to pump gas from Russia directly to Germany via a Baltic Sea route, the Regional ... more