Sofia, July 17, 2015/ Independent Balkan News Agency
By Clive Leviev-Sawyer of The Sofia Globe
Foreign direct investment in Bulgaria in the first five months of the year stood at 616.9 million euro, the equivalent of 1.4 per cent of the gross domestic product, statistics from the Bulgarian National Bank (BNB) showed on July 17. In the same period of 2014, FDI was 622.2 million euro, but the original amount reported by BNB last year was 302.6 million euro, which was revised upward later.
Investment in equity, including in the real estate sector, stood at 62.6 million euro (compared to 30.3 million euro in January-May 2014) and re-invested earnings accounted for 67.1 million euro (versus 68.3 million euro in the first five months of last year).
Receipts from real estate investments by foreign companies totalled 6.8 million euro, compared to 49 million euro during the same period of 2014.
The central bank data showed 487.2 million euro in investment inflows as debt instruments, recorded as the change in the net liabilities of Bulgarian companies towards their foreign investor owners, compared to 523.6 million euro in the first five months of 2014. Such financial flows include financial loans, suppliers’ credits and debt securities, BNB said.
By country, the largest direct investment in Bulgaria in the first five months of 2015 came from the Netherlands (490.6 million euro) and Belgium (55.2 million euro).
According to preliminary figures, Bulgarian investment abroad increased by 29.8 million euro in January-May, compared to an increase of 286.4 million euro in the same period of 2014, BNB said.