EU intro to boost Eastern Europe markets

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Fresh foreign investment is set to boost the economies of Bulgaria and Romania, following their Janu...

Fresh foreign investment is set to boost the economies of Bulgaria and Romania, following their January 1 EU introduction. Matthias Siller, emerging markets investment manager at Baring Asset Management, said the stability offered by the EU membership will attract both private and global investment. He said: “With the governments adhering to EU legislation, investors now have stable predictions about investment framework in areas like property and the title of assets. While this is an on-going process, we expect to see growth in consumer-facing sectors such as banking and residential pr...

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