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Europe Daily Bulletin No. 8323

21 October 2002
Contents Publication in full By article 40 / 47
GENERAL NEWS / (eu) eu/financial services
Commission report says Risk capital investment has fallen by 35% in EU since 2000

Brussels, 21/10/2002 (Agence Europe) - The main conclusions of the European Commission's fourth progress report on the implementation of the Risk Capital Action Plan are that the amount of venture capital invested in the EU in 2001 fell by 35 % from 2000 levels. The fall was linked to the steep falls in the information technology sector in the USA where the decline in 2001 in venture capital was 62%. In spite of this contraction, investment in the US was still, in 2001, three times higher...

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