The net foreign direct investment (FDI) position for 2020 remained positive, although it showed a decrease compared to 2019.
Specifically, according to the FDI publication released on Wednesday by the Central Bank of Cyprus, which includes 2020 data recently validated by Eurostat, the net FDI position in 2020 amounted to €10,499.1 million,
This is due to the fact that outbound FDI decreased more than inbound FDI, the CBC notes.
The stock of outbound FDI reached €399.313.8 million in 2020, compared to €410,565.7 million in 2019 with the decrease, according to the CBC, attributed to a decline in equity securities while debt instruments recorded a slight increase.
The majority of outbound FDI stocks in 2020, consisted of equity
(CNA)
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