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3 Jun in 14:00 Russia ranks 11th among the most attractive countries for foreign direct investment (FDI) in Europe, according to a new study by Ernst & Young, which will be presented on June 3 at the St. Petersburg International Economic Forum. According to the research, the number of investment projects in the country has decreased to 2014 levels due to the Covid-19 pandemic.  In 2020, foreigners invested in 141 projects in Russia. Compared to 2019, the number of FDI [projects] in Russia has decreased by 26%,  the study said. According to EY experts, this is comparable to the dynamics in other European countries where the average percentage of FDI decrease was 21%.

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