Capital investment in 24 of the EU’s 28 member states has fallen dramatically over the past ten years, according to data from statistical agency Eurostat.
Investment decreased on average by 2.3 percent, falling to 20.1 percent of GDP last year. It stood at 22.4 percent from 2007 to 2017 period. Countries in Europe’s east and south, which were more vulnerable to the crisis, experienced the biggest drops in investment in the years following the crisis, Eurostat reports.
Statistics showed that only three EU countries have seen their investments increase. Those are Sweden (from 23.9 percent of GDP in 2007 to 24.9 percent), Austria by 0.6 percent and Germany by 0.2 percent...
Source:RT.com