Serbia Expects as Much as $1.5 Billion in FDI This Year
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Serbian foreign direct investments will decline by at least a third this year as Europe’s debt crisis affects investor confidence and other Balkan nations vie for what little opportunities are available.
Serbia sees foreign investments reaching 1 billion euros ($1.27 billion) to 1.2 billion euros by the end of the year, compared with 1.83 billion euros last year, said Bojan Jankovic, the deputy director of the Serbian Investment and Export Promotion Agency. FDI was at around 600 million euros over the first six months, he said.