FDI in Bulgaria Grows to 317.3 Mln Euro in Q1

Foreign direct investments (FDI) in Bulgaria in the first quarter of 2015 reached 317.3 milion euro ($361.8 million), a 3.5-fold increase as compared to the like period a year earlier, the country's investment promotion agency said on Tuesday.

FDI in the first quarter was equivalent to 0.7% of the country's gross domestic product (GDP), InvestBulgaria agency said in a press release.

Investments worth more than 400 million levs are planned for the next 2-3 years which would open around 3,000 jobs, the agency's executive director Stamen Yanev said in the press release.

Yanev also said that the 2% GDP growth registered in the first quarter of the year indicates that business climate in the country is improving.

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