login
login
Image header Agence Europe
Europe Daily Bulletin No. 8063
Contents Publication in full By article 35 / 39
ECONOMIC INTERPENETRATION / (eu) investment

According to a survey carried out by Healey & Baker estate agents (associated with Paris-Ile-de-France, a French Chamber of Commerce and Industry organisation) looking at the most attractive European cities for international investors, London remains the most attractive capital, followed by Paris. Although the "Top 2" have not changed for a decade or so, "the gap between the two cities is tightening, the (French) capital being well classified in terms of ease of access to markets, quality of staff and quality of transport", noted Jean-Maurice Esnault, President of the Paris-Ile-de-France association. Polling 500 business leaders in 9 European countries, the study shows that Frankfurt, Brussels and Amsterdam (third, fourth and fifth place, respectively) have been joined by Barcelona this year, reinforcing its position on the European scene, while Berlin joins the Top 10 most favoured cities for the first time. Among the issues likely to encourage business leaders to select a particular city are business prospects. In this connection, business leaders quoting the internet last year relegated it into third position this year, putting the future of the US economy top of the list. Note that this survey was carried out before the summer (in other words, before the 11 September events). EU enlargement is also a catalyst, according to business leaders, whose first choice is Moscow, followed by Warsaw and Prague and future relocation cities. When asked about their expansion plans up until 2006, Paris tops the list (49%) ahead of London (47%) and Madrid (38%). The capital of France seems to have been particularly active in terms of promoting itself over the past twelve months. Mr Esnault stressed that the results were encouraging since companies decide where to locate several years ahead of the move.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION