Bulgaria reports negative FDI in Q1

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Foreign direct investment in Bulgaria in the first three months of the year recorded an outflow of EUR 27.8 million, the equivalent of 0.04% of the gross domestic product (GDP), the central said in a statement, citing preliminary data.
In the same period of 2020, FDI recorded an inflow of EUR 341 million. In a separate statement, the bank said that Bulgaria’s current account turned to a deficit of EUR 163.5 million in the Q1, compared to a surplus of EUR 291.6 million in the same period of 2020.
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