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Jan-Nov net FDI into Bulgaria rises to 989.2 mln euro

Jan-Nov net FDI into Bulgaria rises to 989.2 mln euro tanatat/Shutterstock.com

SOFIA (Bulgaria), January 17 (SeeNews) - Bulgaria recorded a net inflow of foreign direct investment (FDI) of 989.2 million euro ($1.1 billion) in the January-November period of 2019, compared to a net inflow of 521.6 million euro a year earlier, the central bank said on Friday.

The net FDI inflow in the first eleven months of 2019, calculated according to the directional principle, was equal to 1.6% of the central bank's forecast for Bulgaria's gross domestic product for that year, the Bulgarian National Bank (BNB) said in a statement, citing preliminary data. 

The largest FDI inflow came from investments in debt instruments - 1.3 billion euro. This offset a 411 million euro outflow of foreign direct investment in equity.

The largest positive net direct investment inflow in Bulgaria in the review period of 2019, of 432.1 million euro, came from the Netherlands. Germany and the U.K. followed with 231.8 million euro and 192.7 million euro, respectively. 

($ =  0.89992 euro)

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