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

EU needs Bulgaria and Romania in Schengen, says Economy Minister

Bogdan Bogdanov
Photo: BTA

Europe's economic development and security depend on the full integration of Bulgaria and Romania into Schengen and the euro area - this is what we want to make clear today, together with the business sector and the bilateral chambers of commerce, said Bulgarian Minister of Economy and Industry Bogdan Bogdanov. 

Mr Bogdanov and his Romanian counterpart Ștefan-Radu Oprea visited the Danube Bridge border crossing at Ruse. Both officials said that queues of heavy lorries and slow passage at the border were hampering business and causing significant financial damage. 

The ministers are attending a Bulgarian-Romanian business conference to discuss the losses to the region and investors caused by the two countries' delay in joining Schengen. The Austrian ambassador to Bulgaria, Andrea Ikic-Böhm, is among those attending the forum.

The GDP of the two countries is expected to grow by 3 to 5% if they join Schengen and the eurozone.



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

400 foreign students with temporary protection will study at Bulgarian universities

400 foreign citizens who have been granted temporary protection status in Bulgaria will study at Bulgarian state universities in the new 2024/2025 academic year. The number of students was approved by a government decision. The students will be..

published on 9/27/24 5:18 PM

Election campaign in Bulgaria has started

At the launch of the election campaign for the upcoming extraordinary parliamentary elections on October 27, caretaker Prime Minister Dimitar Glavchev reported that the efforts of the executive power to eliminate distortion of the..

published on 9/27/24 3:27 PM

Bulgaria must send changes to the Recovery and Resilience Plan by October 20 in order not to lose funds

The changes to the Recovery and Resilience Plan must be sent no later than October 20, so that the European Commission can accept them and Bulgaria does not lose funds. This was stated at a briefing by the caretaker Minister of..

published on 9/27/24 2:55 PM