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BUSINESS BYTES

Investors dig post-communist countries

Direct foreign investment has increased in 15 post-communist countries by 24 percent from $18.3 billion in 1993 to $22.7 billion in 1994. The Slovak and Czech Republics, Hungary, Poland and Slovenia received 72 percent of the total invested. Slovakia itself has gotten $400 million by the end of 1993 and $600 million through April 1995. Although Slovakia's GDP is 35 percent the amount of the Czech Republic, its level of foreign investment reached just 18 percent of the Czech lands' level.

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