August 19 (SeeNews) - Bulgaria recorded a positive net flow of foreign direct investment (FDI) of 457.1 million euro ($507.3 million) in the January-June period, compared to a positive net flow of 152.6 million euro a year earlier, the central bank said on Monday.
The positive net flow in the first six months of 2019, calculated according to the directional principle, was equal to 0.8% of the central bank's forecast for Bulgaria's gross domestic product for the year, the Bulgarian National Bank (BNB) said in a statement, citing preliminary data.
The net flow in equity, which represents the decisions of non-residents to acquire or dispose of shares and equities in cash and contributions in kind in the capital and reserves of Bulgarian enterprises, recorded a negative value of 687.6 million euro in the first six months of the year, compared to a negative value of 192.6 million euro a year earlier.
The largest positive net direct investment inflow in Bulgaria in the January-June period of 2019, of 125 million euro, came from Germany. The U.K. and the Netherlands followed with 119.3 million euro and 101.7 million euro, respectively.
($ = 0.90101 euro)