Bulgaria’s accession to the eurozone will reduce transaction costs with key trade and investment partners, according to the annual U.S. State Department report on the investment climate in the country, reported BGNES. The report emphasizes that ''labor shortages and inflationary pressures continue to increase domestic prices and wages''.
''Foreign investors remain concerned about the rule of law in Bulgaria, such as: inconsistent regulatory and judicial enforcement, difficulties in obtaining permits, frequent regulatory and legislative changes, an inefficient judicial system and problems executing judicial judgments. In the medium term, a shrinking population and relatively low investment in innovation could dampen economic growth'', the analysis of the U.S. State Department warns.
Edited by Ivo IvanovPublished and translated by Kostadin Atanasov
Photo: BGNES
The annual growth of Bulgaria's gross domestic product will remain above 3% in the period 2025-2027 , according to a report by commercial credit insurer Allianz Trade, BTA reports. According to Allianz this means that the Bulgarian economy will become..
With the introduction of the euro on January 1, Bulgaria will benefit from the stability, liquidity and all the advantages of the common currency, European Central Bank President Christine Lagarde said in an interview with public service..
The Ministry of Innovation and Growth has presented the country’s first interactive investment map . The platform aims to provide Bulgarian and foreign investors with useful and up-to-date information in one place, making it easier for them to make..
The annual growth of Bulgaria's gross domestic product will remain above 3% in the period 2025-2027 , according to a report by commercial credit insurer..
+359 2 9336 661