Greece Companies Invest over EUR 2 B in Bulgaria in First Half of 2008

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Greece Companies Invest over EUR 2 B in Bulgaria in First Half of 2008

Wednesday, Sep 10, 2008

Greek companies and financial institution invested over EUR 2 B in Bulgaria in the first six months of 2008, the Athens newspaper Imerisia announced Tuesday.
The Greek investments in Bulgaria are concentrated mainly in real estate properties. In addition, Greek banks own 29% of all bank assets in the country.
During the same period, investors from Greece have invested about EUR 3,5 B in Bulgaria's northern neighbor Romania.
Thus, Greece remains among the four most important foreign investors in the two countries.

Source: Sofia News Agency

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