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(Latvian Public Broadcasting) The influential Foreign Investors Council in Latvia (FICIL) reveals its latest research at 10:00 on January 29.
The FICIL Sentiment Index 2020 has become an annual event in the business world, giving a guide to current sentiment, expectations and an evaluation of the effectiveness or otherwise of policymakers.
The research was carried out by Dr Arnis Sauka of the Stockholm School of Economics in Rīga, and according to FICIL In 2020, the top 3 challenges investors faced were new ways of working, uncertainty, and financial struggles.
Presentaion of the Index will be followed by a discussion among politicians, who will have to run the gauntlet of FICIL members questions as well as those of moderator Janis Domburs.
RIGA, Jan. 29 (Xinhua) Despite the coronavirus pandemic, Latvia s investment climate improved somewhat in 2020, a new survey of foreign entrepreneurs doing business in the Baltic country showed on Friday. According to the FICIL Sentiment Index 2020, released on Friday by the Foreign Investors Council in Latvia (FICIL), foreign entrepreneurs assessment of Latvia s investment climate on a five-point scale improved to 2.7 points in 2020 from 2.6 points in 2019 and 2.5 points in 2018. One explanation for such an assessment might be the fact that not all investors performance results have worsened in the COVID-19 pandemic, said Arnis Sauka, a professor at the Stockholm School of Economics in Riga (SSE Riga) and author of the FICIL survey.