- Central and Eastern Europe - Poland, the Czech Repubilc and Hungary alone took in USD 12.96 bilion in foreign direct investment (FDI) in 1999, i.e. 60% of total investment in the 26 countries of Central and Eastern European (CEECs) and the former USSR receiving aid from the European Bank for Reconstruction and Development (EBRD). Welcoming the performances of these three countries, Ricardo Lago, the Bank's Chief Economist, stated that neighbouring Eastern European countries must reform...