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Expats Remain Bulgaria's Biggest 'Foreign Investor'
EXPATS REMAIN BULGARIA'S BIGGEST 'FOREIGN INVESTOR'
Date: 17/03/2013
Source: novinite.com

In January 2013, Bulgarians abroad have wired to their homeland twice more funds than the foreign direct investments, according to flash estimates released by the Bulgarian Central Bank, BNB.

In January 2013, Bulgarian emigrants have sent to relatives and friends EUR 59 M, compared to EUR 31.4 M (0.1% of GDP) from foreign direct investments.

The above amount is strikingly down (by EUR 295.1 M, a difference close to 90%), compared to the increase of EUR 326.5 M (0.8% of the Gross Domestic Product, GDP), for January 2012.



Topic: Politics



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Martenitsa
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Every year on the 1st of March, Bulgarians give each other 'martenitsas' - small figures made of ... More

Pazardjik is situated in South Bulgaria, in the central part of the Higher Thrace valley, on the north of the Rhodope mountain, at the two banks of river Maritsa. The both sides of the river Maritsa and its feeders have been formed to a low, but not widely flowed ledge. Here are the best alluvial soils of the field.

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