Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

At end of 2016 foreign investments in Bulgaria dropped by 60 percent

Photo: library

According to preliminary data of the Bulgarian National Bank, at the end of 2016, foreign investments in the Bulgarian economy totaled 682.8 million euros, which means a decline of 59.7 percent from a year earlier.

Throughout 2016 the growth rate of foreign investments has been slower in comparison to 2015. The main flows of foreign investments continue to come from offshore locations such as Luxembourg, as well as from countries with favorable tax legislation such as the Netherlands, where a number of subsidiaries of many companies from third countries that operate in Bulgaria are registered.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

National Motorcycle Festival Vratsa – Ledenika to be held between July 5 and 7

From July 5 to 7, hundreds of high-speed enthusiasts from all over the country will participate in the latest edition of the National Motorcycle Festival Vratsa – Ledenika. The event will take place on the meadows near the Ledenika Cave.  The official..

published on 7/5/24 6:30 AM

Weather forecast: Temperatures to go up on Friday

Precipitation will stop by Thursday night and the weather will be clear on Friday morning. There will be light northwesterly winds in the eastern parts of the country. The weather will be calm in the rest of the country. It will be mostly sunny..

updated on 7/4/24 6:15 PM

Nearly 60% of students resort to supplementary tutoring

Nearly 60% of parents pay for private tutoring for their children. The main reason why students have to take extra lessons is poor-quality preparation at school, which is not sufficient for applying for high school or university. This is shown by a..

published on 7/4/24 6:04 PM