Bulgaria Posts 254 mln euro Negative Net Flow of FDI in Q1

Bulgaria Posts 254 mln euro Negative Net Flow of FDI in Q1

Bulgaria recorded a negative net flow of foreign direct investment (FDI) of 254.4 million euro ($284 million) in January-March, compared to a negative net flow of 52.6 million euro in the first three months of 2018, the central bank said on Monday.The negative net flow, calculated according to the directional principle, was equal to 0.4% of the central bank's forecast for Bulgaria's gross domestic product in 2019, the Bulgarian National Bank (BNB) said in a statement.The net flow in equity, which represents the decisions of non-residents to acquire or dispose of shares and equities in cash and contributions in kind in the capital and reserves of Bulgarian enterprises, recorded a negative value of 562.8 million euro in the January-March period, compared to a negative value of 184.5 million euro a year earlier.The largest positive net direct investment inflow in Bulgaria in the first three months of the year, of 174.3 million euro, came from the Netherlands. Ireland and the UK followed with 70 million euro and 52.2 million euro, respectively. ($ = 0.89548 euro)

Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.