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Foreign investors in Latvia see least progress within demography, uncertainty, and the tax system

Foreign investors in Latvia see least progress within demography, uncertainty, and the tax system 2021-01-31 LETA/TBT Staff RIGA - The results of the 2020 Foreign Investors Council in Latvia (FICIL) Sentiment Index study suggest that foreign investors in Latvia see the least progress within demography, uncertainty and the tax system. Quality of business legislation and unethical or illegal behavior are two areas where a substantial number of foreign investors see no progress. On the other hand, foreign investors see some progress made when it comes to the support from the government and communication with the policy-makers, and progress in the financial sector stability in Latvia.

FICIL presents annual business Sentiment Index

(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. 

Foreign entrepreneurs note slight improvement in Latvia s investment climate despite pandemic

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.

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