Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Assets of foreign funds in Bulgaria are shrinking

Photo: library

Assets of investment funds operating in Bulgaria have decreased by nearly 75 million euros in the last three months, it was reported. The decline is the result of lower exposure to foreign funds, but it is not clear whether this was caused by withdrawal of funds by depositors or it was the effect of the stock market decline after Brexit. At the end of June foreign funds in Bulgaria had 690 million euros of assets, while three months earlier they had 105 million euros more. For the same period assets of locals funds have grown by 30 million euros. The total sum that investment funds manage in this country reaches 1.12 billion euros at the end of June. This shows nearly 1% of growth yoy.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Bulgarian students win European competition on international law

The team of Second English Language School "Thomas Jefferson" in Sofia won the sixth edition of a European law contest for students, which was held in Romania, the Ministry of Education has reported. At the contest, students simulate a trial on cases..

published on 12/3/24 10:25 AM

Trial of Bulgarian nationals accused of spying for Russia continues in UK

The group of Bulgarians accused in the UK of spying for Russia acted against Bulgarian journalist Hristo Grozev, who works for Bellingcat. This was stated by prosecutor Alison Morgan in the court in London. The group tried to use..

published on 12/3/24 9:42 AM
Министърът на външните работи на Северна Македония Тимчо Муцунски

North Macedonian Foreign Minister expresses willingness to seek solution with Bulgaria

North Macedonia’s Foreign Minister Timčo Mucunski was heard in the European Parliament’s Foreign Affairs Committee. He said that some of his fondest memories are from Bulgaria, but accused Sofia of stalling Skopje’s..

published on 12/3/24 9:16 AM