France has seen the steepest decline of inward investment of any country in the European Union, plummeting 77pc to the lowest level in 27 years, while the UK has retained its place at the top of the European league table.
Foreign investment in France fell to $5.7bn (£3.5bn) in 2013, according to a report by the United Nations, in a further blow to Francois Hollande, the French President, who is already battling high unemployment and the prospect of the eurozone's second largest economy slipping back in to a recession.
The UK was the leading economy out of the 27 member states of the EU, with foreign investors spending $53bn in Britain last year. That kept the UK in the top ten globally for foreign investment, although it slipped from sixth position in 2012 last year.
Overall, the European Union saw the greatest level of inflows of any of the developed regions.
The inflows were largely accounted for by inflows in to four relatively small EU economies - Belgium, Ireland, the Netherlands and Luxembourg. The report by the UN Conference on Trade and Development said those countries saw large inflows as they "offer a tax-friendly environment for investment, particularly for special purpose entities"....Funny, I am not eager that a stranger invests in my house. I do it myself. If someone else would, I would suspect him to be after something.
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