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Estonia ranks 40th among 116 countries in terms of attractiveness for venture capital investments
Juhan Tere, BC, Tallinn, 12.07.2012.
Print version
Print versionA top list compiled by the IESE Business School in Spain that measures countries’ attractiveness for venture capital investments, Estonia ranks 40th among 116 countries, writes Delfi.ee.
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Four years ago, Estonia’s position in the same list was 36th.
Estonia has improved its results in the economic activity index, investor protection index and corporate management index, reported LETA.
The decline was the most abrupt in the share of problematic loans among all loans issued by banks – in this category, Estonia fell from the 7th position four years ago to 62nd. Estonia’s position also deteriorated in terms of depth of the capital market as well as taxes and corporate administration burden.
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