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Paris beats London as Europe's favourite investment destination: EY

Reuters  |  PARIS 

PARIS (Reuters) - An Ernst & Young survey shows Paris has overtaken London as Europe's most attractive destination for foreign investors for the first time since EY began such reports 15 years ago.The change in the continent's pecking order is a sign of the impact of both Brexit and the "Macron effect".The French capital was ranked No. 1 for foreign direct investment by 37 percent of businesses, based on a survey of 502 companies and data from EY and IBM covering 2017.Britain as a whole remained Europe's top destination for foreign direct investment in 2017, with 1,205 of the 6,653 new FDI ...

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First Published: Mon, June 11 2018. 15:44 IST
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