Economic growth of 5% is achievable, Daniel Lorer, Minister of Innovation and Growth, has told BNR.
"By creating a new image as a country where there is no corruption and where the state promotes business instead of hindering it, the 5% target is achievable and we should not look further than neighbouring Romania to see a successful example of how they can to achieve levels of 7% ", the Minister said.
The Ministry of Innovation and Growth and the Investment Agency will be the spearhead of this new policy, the minister hopes. Lorer pointed out that increased investment activity will encourage the state to repair local roads so that businesses can function better.
41% of the member companies of the Bulgarian Industrial Association expect an economic decline in 2025. 21% believe there will be no change compared to 2024. 65% of the respondents anticipate a deterioration in their own business due to the..
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..
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..
41% of the member companies of the Bulgarian Industrial Association expect an economic decline in 2025. 21% believe there will be no change..
+359 2 9336 661