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Bulgaria: FDI Inflow Shrinks Drastically
In the first eight months of 2013, foreign direct investments fell by more than 51%. Without impulses from foreign investors, the country will not return to growth.
Bulgaria: FDI Inflow Shrinks Drastically / Picture: © Vindobona.org
Due to the political crisis, investor confidence has suffered substantially in the last months.
Official figures are confirming this negative trend. According to the Bulgarian Investment Agency, FDI was down substantially from January to August 2013. Compared to the reference period of 2012, the FDI inflow came at € 1.59bn. In the first eight months of 2013, FDI only reached…
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