Text size

Ministry of Economy plans creating small town industrial zones

published on 10/24/22 3:09 PM

Nikola Stoyanov

Photo: Press Service of the Council of Ministers

Acting Minister of Economy and Industry Nikola Stoyanov will propose measures in support of small and medium-sized enterprises to be extended until the end of the year and discounts for citizens in the price of fuel to be discontinued as they are getting cheaper, Mr Stoyanov told the private TV channel bTV.

Consumers in Bulgaria should be encouraged to save energy, as other EU countries do. I congratulate the Minister of Energy for not introducing 2 tariffs for electricity, Stoyanov added.

"Political instability affects the decisions of foreign investors. We will ask for amendments to the law to encourage investment so that we can develop industrial zones in small towns and create jobs, especially where there are no opportunities," the minister promised.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy Economy industrial zones Nikola Stoyanov small towns

Gallery

More from category

The price of electricity is expected to increase by 9% on January 1, 2025

The price of electricity for households could increase by nearly 9% starting next year, according to estimates by the Energy and Water Regulatory Commission. This means that with an average consumption of nearly 400 kilowatt-hours, the monthly bills..

published on 12/15/24 10:01 AM

CITUB calls for the introduction of a national subsistence wage

The leadership of the Confederation of Independent Trade Unions in Bulgaria (CITUB) insists that a national subsistence wage be introduced in Bulgaria, with the minimum wage in the country reaching at least 80% of the subsistence wage by 2027. According..

published on 12/13/24 10:35 AM

Export to EU and non-EU countries declines

In the period January - September 2024, exports of goods from Bulgaria to the EU decreased by 3.6% compared to a year earlier and amounted to 20.895 billion euros. The main trading partners are Germany, Romania, Italy, Greece and..

published on 12/12/24 1:23 PM

WEATHER

Pick city: Sofía

Partly Cloudy
Min: 2 | Max: 12

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

Eurozone entry could bring benefits for Bulgarian businesses and economy

Bulgarian exports are expected to grow by 5.8% annually after Bulgaria joins the eurozone. Trade in goods could increase by 3.3%, and in the services..

published on 1/8/25 11:37 AM

Unions and businesses protest against hike in industrial electricity prices

Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association..

published on 1/9/25 1:13 PM

Share