FDI in Bulgaria Drops in January

Foreign direct investment in Bulgaria fell 86.1% year on year in January, reaching EUR 44.9 M, or 0.1% of 2016 GDP forecast, the Bulgarian National Bank (BNB) announced on Thursday, citing preliminary data.

Equity investment for January 2016 decreased by 63.2% on the year, reaching EUR 4.7 M.

Real estate investments of non-residents totalled EUR 2.4 M, compared with EUR 2.9 M attracted in January 2015. The largest inflow of real estate investment was from Russia (EUR 700,000) and Germany (EUR 500,000).

Net debt instruments (the change in net liabilities between affiliated enterprises on financial loans, suppliers’ credits and debt securities) totalled EUR 40.2 M in January, compared with EUR 239.1 M in the same month of 2015, the BNB said.

The largest net direct investment inflow in Bulgaria in the first month of 2016 was from Germany (EUR 14.5 M) and the UK (EUR 10.8 M).

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