Ireland falls in investment ratings
Research from Ernst & Young showed Ireland dropped five places and out of the top 20 list of the most attractive global countries for venture capital (VC) and private equity (PE) investment. Its position has fallen from 16 in 2006 to 21 of 66 countries.
The Global Venture Capital and Private Equity Country Attractiveness Index said Ireland is viewed as a less attractive location because of its poor access to credit, the low risk appetite for investors and predominance in Ireland of sectors which VC/PE community find less attractive such as retail, leisure and construction.
