business
Ireland falls outside European top 10 for foreign investment as number of new projects slumps
The number of foreign investments won by Ireland plummeted almost 50 per cent last year as multinationals grappled with soaring inflation
Ireland has fallen outside the top 10 countries in Europe for attracting overseas investment for the first time in six years after the number of projects announced by multinational firms plummeted almost 50 per cent in 2023.
A new report from EY, the Big Four firm, shows the number of new investments by international companies fell sharply in the face of soaring inflation and labour shortages.
The report shows Ireland attracted 100 new FDI projects ...
