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Greece Companies Invest over EUR 2 B in Bulgaria in First Half of 2008
Business | September 9, 2008, Tuesday // 00:00
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Greece is among the four largest foreign investors in Bulgaria and Romania during the first six months of 2008. Photo by balkanpoliticalclub.net
Greek companies and financial institution invested over EUR 2 B in Bulgaria in the first six months of 2008, the Athens newspaper Imerisia announced Tuesday.
The Greek investments in Bulgaria are concentrated mainly in real estate properties. In addition, Greek banks own 29% of all bank assets in the country.
During the same period, investors from Greece have invested about EUR 3,5 B in Bulgaria's northern neighbor Romania.
Thus, Greece remains among the four most important foreign investors in the two countries.
The Greek investments in Bulgaria are concentrated mainly in real estate properties. In addition, Greek banks own 29% of all bank assets in the country.
During the same period, investors from Greece have invested about EUR 3,5 B in Bulgaria's northern neighbor Romania.
Thus, Greece remains among the four most important foreign investors in the two countries.
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