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 main priorities businesses have – membership of the Eurozone and accession to the Schengen area by land – have receded to the background. They are the motors which can boost the economy, but the fact there is no regular government is an obstacle..
Bulgargaz has reported record interest in its tender for the supply of LNG to the Alexandroupolis terminal for January and February 2025. All nineteen bidders met the criteria set by the company and have been approved to participate in the next..
The Russian state oil company Lukoil has plans to sell its Bulgarian refinery Neftochim based in Burgas on the Black Sea Coast. It is the largest in the Balkans, writes the Financial Times . The deal is expected to be announced by the end of..
41% of the member companies of the Bulgarian Industrial Association expect an economic decline in 2025. 21% believe there will be no change..
Mostly Cloudy
Partly Cloudy