International business

Turkey attracted $5.42 billion in net international direct investment from January to July this year, the Industry and Technology Ministry announced on Sept. 24.

According to preliminary data, foreign direct investment (FDI) in the non-financial sector as of December 31, 2018, amounted to EUR 25,454 million at current prices, the National Statistical Institute (NSI) said in a press release.

 Foreign direct investment (FDI) in Bulgaria registered a USD337.26 million surge from January to June this year on an annual basis.
Bulgarian National Bank (BNB) showed that Bulgaria's FDI posted during the first half of 0.8 percent of the gross domestic product (GDP) from the 0.3 percent seen a year earlier during the same period.

The outsourced industry is among the best employers in Bulgaria. The outsourcing sector in Bulgaria accounts for 2.4% of the country's labor market, employing more than 67,300 people, and by 2021 their number is expected to exceed 79,000 people. This shows the data from the last annual report on the development of the Bulgarian Outsourcing Association's industry, quoted by technews.bg.

The United States Department of Commerce said it would impose additional duties on imports of steel from China and Mexico as a result of an investigation into the so- "countervailing duties," BNR reported.

Investors want to see a series of reforms and improvements in Greece before placing their money in an economy which holds significant potential, according to two surveys presented at an investment conference on Tuesday in Athens.

Next Tuesday, the 2nd InvestGR Forum 2019 in Athens will turn the spotlight on a key issue for the Greek economy: foreign direct investment.

While the framework cooperation agreement, which led to the Left indirectly backing the appointment of the new cabinet last September, will remain only initialled for now, the plan for 2019 is proceeding from initials to signatures as a key vote on the 2019 budget is due on Wednesday.

For two years, the registered growth of foreign direct investment exceeds BGN 1 billion. This was announced by Deputy Minister of Economy Alexander Manolev during a forum "Europe and Business: Economy, Youth Entrepreneurship and Cross-Border Cooperation" organized by Entrepreneurs - GERB in Rousse.

Over 3% growth in the economy in 2019, awaits the Ministry of Economy this year, reported the Bulgarian National Television.