Economy €137 million foreign investments in North Macedonia in the first quarter of...

€137 million foreign investments in North Macedonia in the first quarter of 2020

Швајцарски франци | Фото: Claudio Schwarz | @purzlbaum на Unsplash

In the first three months of this years, the total foreign investments amount to €137.7 million, which is significant rise over the same quarter of 2019, when the foreign companies invested €48.5 million, the Central Bank of North Macedonia data shows.

It is interesting that the biggest part of these investments, €108 million, was made in March, when the COVID-19 crisis started to escalate.

Switzerland with €38 million topped the list of countries with direct investments in the first quarter of 2020, followed by Germany (€13 million), Slovenia (€10 million), Turkey (€7 million) and the Netherlands with €6 million.