June 19 (SeeNews) - Bulgaria recorded a negative net flow of foreign direct investment (FDI) of 54.9 million euro ($61.5 million) in the January-April period of 2019, compared to a positive net flow of 10.7 million euro in the first four months of 2018, the central bank said on Wednesday.
The negative net flow, calculated according to the directional principle, was equal to 0.1% of the central bank's forecast for Bulgaria's gross domestic product in 2019, the Bulgarian National Bank (BNB) said in a statement.
The net flow in equity, which represents the decisions of non-residents to acquire or dispose of shares and equities in cash and contributions in kind in the capital and reserves of Bulgarian enterprises, recorded a negative value of 538 million euro in the January-April period, compared to a negative value of 212.7 million euro a year earlier.
The largest positive net direct investment inflow in Bulgaria in the first four months of the year, of 260.2 million euro, came from the Netherlands. The UK and Ireland followed with 86.5 million euro and 65.2 million euro, respectively.
($ = 0.8925 euro)