Foreign direct investment in Bulgaria in the first eight months of the year stood at 230.5 million euro, the equivalent of 0.4 per cent of the gross domestic product, statistics from the Bulgarian National Bank (BNB) showed on October 19. In the same period of 2017, FDI was 812 million euro, but the original amount reported by BNB last year was 516.4 million euro, which was revised upward later.
Investment in equity, including in the real estate sector, recorded an outflow of 27.1 million euro (compared to an inflow of 174.4 million euro in January-August 2017) and re-invested earnings accounted for an outflow of 18 million euro (less than the outflow of 33.6 million euro a year earlier), according to preliminary data.
Receipts from real estate investments by foreign companies totalled 4.6 million euro, compared to 13.3 million euro during the same period of 2017.
To continue reading, please click here.