Young Bulgarians To The Acting PM: "Just Don't Send Us To Ukraine!"
Acting Prime Minister Dimitar Glavchev has affirmed in an interview with "24 Chasa" that Bulgarian military personnel will not be dispatched to Ukraine in any capacity
Foreign direct investment in Bulgaria in the first three months of the year recorded an outflow of 27.8 million euro, the equivalent of 0.04 per cent of the gross domestic product (GDP), statistics of the Bulgarian National Bank (BNB) showed on May 19.
In the same period of 2020, FDI recorded an inflow of 341 million euro, but the BNB originally reported 254.4 million euro, which was revised upward later.
Investment in equity, including in the real estate sector, recorded an outflow of 134.2 million euro (compared to an outflow of 35.1 million euro in January-March 2020) and the BNB figures showed 490.4 million euro in re-invested earnings (compared to 347.1 million euro for the first three months of 2020.)
Net receipts from real estate investments by foreign companies recorded an outflow of 0.5 million euro in the first quarter, compared to an outflow of 0.1 million euro during the same period of last year.
The central bank data showed 384 million euro in investment outflows as debt instruments, recorded as the change in the net liabilities of Bulgarian companies towards their foreign investor owners, compared to an inflow of 29 million euro in the first three months of 2020. Such financial flows include financial loans, suppliers’ credits and debt securities, BNB said.
By country, the largest direct investment in Bulgaria in January-March 2021 came from the Netherlands (187.3 million euro) and France (144.4 million euro). Notable net outflows were recorded towards the United Kingdom (-240.1 million euro), Russia (-147.9 million euro) and Belgium (-100 million euro)
According to preliminary figures, Bulgarian investment abroad increased by 26.1 million euro in January-March, compared to 66.8 million euro in the same period of last year, BNB said.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
In April, inflation across the European Union remained steady, with both the EU and the Eurozone recording a rate of 2.6% and 2.4%, respectively, according to data from Eurostat, the official statistics agency of the EU
Julian Voinov, an economist and financial expert, expressed optimism regarding Bulgaria's potential adoption of the euro in 2025 or early 2026
This was stated by the Governor of the Bulgarian National Bank at the international conference "Bulgaria in the Eurozone, When?" in Sofia
Former Finance Minister Simeon Dyankov has suggested that Bulgaria's potential entry into the Eurozone may not materialize before 2026
In the initial quarter of 2024, Bulgaria's economy expanded by 0.4%, as per an expedited evaluation by the National Statistical Institute (NSI), a slight deceleration from the 0.5% growth witnessed in the final quarter of the preceding year
According to Levon Hampartzoumian, the likelihood of Bulgaria joining the Eurozone in 2025 is very slim, as no country has ever entered during the middle of the year
Sofia Airport's Terminal 3 Construction Set to Begin in Early 2026
COVID-19 Impact: Bulgaria's Grim Milestone as Highest Death Rate in EU