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.
The demographic crisis in this country is advancing at a rapid rate, holding back the development of businesses, but this is a tendency observed in other countries as well. Because of their good qualifications, Bulgarian workers find work in many..
The World Bank predicts a more moderate improvement in Bulgaria's economic growth in 2024 and 2025. In its latest report "Global Economic Prospects" the institution expects a slight acceleration in Bulgaria's GDP growth from 1.8% in 2023 to 2.1% in..
Bulgaria is interested in participating as a co-shareholder in the initiative to create a "green" corridor for the transmission of "green" energy produced in Azerbaijan to Europe, caretaker Premier Dimitar Glavchev said at a meeting in Berlin with the..
Moody's expects Bulgaria to join the Eurozone no later than the beginning of 2026. According to the rating agency, the growth of the Bulgarian economy in..
+359 2 9336 661