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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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Vitosha National Park
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Madara Horseman is an expressive bas-relief from 7th century, carved high out of the sheer rock, and depicting a horseman spearing a lion. It symbolizes greatness of the ruler and the power of his state. Europe's only rock relief dating from the early Middle Ages. Located 20 km from the town of Shoumen, NE Bulgaria.

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