Greece Biggest Investor in Bulgaria Jan-Feb 2013Business | 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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