Sofia - Foreign investments in Bulgaria have dropped at a rate of 7-8 per cent owing to the global financial crisis, an economic expert said Monday citing raw data.
Foreign investments in first eight months of 2008 totalled 1 billion euros (1.35 billion dollars) less than in the corresponding period in 2007, the head of the Centre for Liberal Strategies, Georgi Ganev, told Darik Radio.
Stressing the figures were "preliminary," without the seasonal factor included, Genev said "the final drop would be around half a billion euros, or 7-8 per cent, from the 6 billion in 2007.
Sofia - The Bulgarian fuel retailer Petrol would become the Balkan country's fourth mobile phone operator this week, it said in a statement Monday.
Sofia - A Bulgarian court on Monday launched a trial against 9 people accused of embezzling millions from European Union aid funds.
