Foreign direct investment in Bulgaria in the first month of the year stood at 44.9 million euro, the equivalent of 0.1 per cent of the gross domestic product (GDP), statistics from the Bulgarian National Bank (BNB) showed on March 17. In January 2015, FDI was 323.4 million euro, but the BNB originally reported an outflow of 16.4 million euro, which was revised later.
Investment in equity, including in the real estate sector, stood at 4.7 million euro (compared to 12.8 million euro in January 2015) and there were no re-invested earnings (versus 71.5 million euro a year earlier). Receipts from real estate investments by foreign companies totalled 2.4 million euro, compared to 2.9 million euro in the first month of last year.
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(Photo: G Schouten de Jel)