FDI into Bulgaria nearly Halve in H1
Foreign direct investment (FDI) into Bulgaria, calculated according to the directional principle, fell by an annual 49.5% to 246.2 million euro ($280.3 million) in the first six months of the year, the central bank, BNB, said on Friday, quoting preliminary data. The FDI inflow was equal to 0.5% of the BNB’s 2018 GDP forecast, the central bank said in a statement. Real estate investments by non-residents in Bulgaria totalled 2.7 euro in January-June, compared to 8.2 million euro during the same period of last year. The largest inflow of real estate investment came from Russia, followed by Ukraine and Kazakhstan. The largest net direct investment inflow in Bulgaria in the first half of the year, of 262.7 million euro, came from the Netherlands. Russia and Germany followed with 262.7 million euro and 130.9 million euro, respectively