Greece Biggest Investor in Bulgaria Jan-Feb 2013

Business | April 19, 2013, Friday // 12:44|  views

A Greek flag waves at Syntagma square in front of the Greek Parliament as pedestrians walk by, in Athens, Greece. Photo by EPA/BGNES

Greece has turned into the largest investor in Bulgaria with EUR 9.4 M of foreign direct investment (FDI) during the first two months of 2013, official data shows.

Luxembourg follows with EUR 7.9 M, Russia with EUR 6.7 M and Austria with EUR 6.1 M.

According to preliminary data of the Bulgarian National Bank (BNB), the Foreign direct investments in the country for the period January - February 2013 amounted to EUR 40.3 M (0.1% of GDP), down by over 92% on an annual basis.

In the period January - February 2012, the FDI stood at EUR 524.3 M (1.3% of GDP).

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Tags: Luxembourg, Austria, Russia, greece, Bulgarian National Bank, FDI, foreign direct investment abroad, foreign direct investment in Bulgaria, foreign direct investment, foreign direct investments


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