InvestBulgaria Agency Director Borislav Stefanov: Foreign Investors Have ...
From your point of view how did Bulgaria do in terms of attracting foreign direct investment in 2011?
If we are to judge solely by the figures, 2011 was not a good year for investments not only for Bulgaria but also globally and for our part of the world. On the one hand, that is normal since the financial and economic crisis has not been overcome yet. Apparently, it is even worsening in some countries.
Foreign investment is very dependent on the situation in one's home country – if your own economy is facing difficulties, it can hardly be expected that you would be thinking of new foreign investments . To some extent, this makes investments a lagging indicator of the economy – unlike other indicators such as construction which reflect the economy's immediate state.
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