In 2024, the priority is the future of state-owned enterprises, through restructuring or perhaps closing the State Consolidation Company, Minister of Economy Bogdan Bogdanov said at a briefing.
State enterprises can no longer exist in this form, because of corruption practices. We are considering options so that we don't lose jobs. The goal is to direct state-owned enterprises towards clean technologies and circular economy, defense and aerospace technology, bio-technologies, important minerals, metals and raw materials, the minister said. He reported a record growth of 3.5 billion euros in foreign investments for the first 10 months of 2023 and an investment intention of over 1.1 billion euros in Plovdiv, Stara Zagora and Burgas. Work is also underway in relation to another possible investment of over 600 million euros in the automotive sector, Minister Bogdanov added.
The German economy has been shrinking and the government expects a decline of 0.2% of GDP. Some of the main reasons for this include unresolved structural problems related to lack of energy security, excessive bureaucracy and shortage..
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