Slovakia lags behind in foreign investment

The Slovak Statistical Office reported that direct foreign investment rose zto a total of $660.8 million by the end of 1995's third quarter, an increase of 12.8 percent over the previous quarter. Though that is the highest quarterly increase this year and Slovakia boasts solid macreconomic indicators, cumulative foreign investment lags behind that in other Visegrad countries. As of the end of September, foreign capital from 85 countries had been invested in 8,469 organizations. Austria surpassed Germany in the latest quarter as the country's largest single investor, followed by Germany, the Czech Republic, the US and France.

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Foreign Affairs Minister Ivan Korčok (left) and Defence Minister Jaroslav Naď (right)

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