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Bulgaria’s Jan-Nov current account posts 0.9pc/GDP surplus

1 min read Source: brecorder.com

From our news archive: this article was published in January 2015. Figures and rules may have changed since.

Bulgaria posted a current account surplus equivalent to 0.9 percent of gross domestic product in the first eleven months of 2014, compared with a surplus of 2.9 percent in the same period last year, the central bank said on Friday.

For November alone, the current account showed a deficit of 90.5 million euros ($105.25 million), compared with a deficit of 38.7 million in the same period last year.

Foreign direct investment in the European Union member, stood at 1.22 billion euros, down from 1.55 billion in the same period a year ago.

Originally published by brecorder.com.

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