FDI into Bulgaria Halves in Jan-April

FDI into Bulgaria Halves in Jan-April

The flow of foreign direct investment (FDI) into Bulgaria fell by an annual 50.6% to 113 million euro ($130.6 million) in the first four months of the year, the central bank, BNB, said on Tuesday.
The FDI inflow was equal to 0.2% of the BNB’s 2018 GDP forecast, the central bank said in a statement.
Real estate investments by non-residents in Bulgaria totalled 3.4 euro in January-April, compared to 3.3 million euro during the same period of last year.
The largest inflow of real estate investment came from Russia, followed by Kazakhstan and Israel.
The largest net direct investment inflow in Bulgaria in January-April, of 149.1 million euro, was from the Netherlands. Germany followed with 119 million euro and Russia was third, with 116.7 million euro.
($ = 0.8653 euro)

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