Bulgaria's Foreign Investments down 18% in First Half of 2008

Business | August 12, 2008, Tuesday // 00:00

The foreign direct investments in Bulgaria during the first six months of 2008 amounted to EUR 2,078 B, which is 18% less than in the same period of 2007.

This becomes clear from the preliminary data of the Bulgarian National Bank, which also announced its revised data for 2007.

According to them foreign direct investments (FDI) in Bulgaria in January-June 2007 were worth EUR 2,537 B, which is EUR 34 M more than the preliminary data for the period.

Bulgaria's total FDI in the first half of 2007 amounted to 8,8% of its Gross Domestic Product, whereas the FDI in January-June 2008, which are EUR 459 M smaller, are 6,3% of the GDP.

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