International business

Portfolio, FDI inflows likely to rise this year: DEİK’s Olpak

Both portfolio inflows and foreign direct investments (FDI) into Türkiye are expected to increase this year, says Nail Olpak, the president of the Foreign Economic Relations Board (DEİK).

Confidence in the economy is increasing due to the decline in the country's credit debt swaps (CDS) and rating upgrades, he said.

Foreign cash goes to realty

The upward trend in capital inflows from abroad for the acquisition of real estate continues this year, as, according to Bank of Greece data, a total of 1.9 billion euros has been invested in the first nine months of this year, an amount that is 17% higher than the same period in 2023.

Foreign Investment in Bulgaria Plunges by 65% Amid Political and Economic Uncertainty

Foreign investment in Bulgaria has drastically fallen by 65% in 2024, according to the latest data from the Bulgarian National Bank, which was reported at the end of October. This decline is attributed to several factors, including weakening demand from traditional markets in Europe and around the world, as well as ongoing political uncertainty within the country.

Sharp Decline in Foreign Direct Investment in Bulgaria

Foreign direct investment (FDI) in Bulgaria recorded a net positive flow of 1.24 billion euros for the first nine months of 2024, equating to 1.2% of the country's gross domestic product (GDP), according to data from the Bulgarian National Bank (BNB). Despite the positive figure, this represents a significant decline of 63.3% compared to the same period in 2023.

Trade and food sectors lure most of foreign investments

Türkiye's wholesale and retail trade claimed 16 percent of equity capital inflows or $46 million in August, according to data released by the Turkish International Investors Association (YASED).

The share of food, beverages, and tobacco manufacturing accounted for another 16 percent, performing above its past cumulative performance.

Not just real estate

More than half of foreign direct investment in Greece was channeled into real estate in the first half of the current year, according to data from the country's central bank. 

Interest in Türkiye growing, says Finance Minister Şimşek

Interest in Türkiye is growing, Finance Minister Mehmet Şimşek has said on social media platform X, after holding talks in Germany during a one-day visit.

He had productive meetings with executives of large companies and investors in Germany, the minister said.

"We are intensifying our efforts to increase international direct investments, which is our main goal," Şimşek added.

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