Text size

Ministry of Economy plans creating small town industrial zones

published on 10/24/22 3:09 PM

Nikola Stoyanov

Photo: Press Service of the Council of Ministers

Acting Minister of Economy and Industry Nikola Stoyanov will propose measures in support of small and medium-sized enterprises to be extended until the end of the year and discounts for citizens in the price of fuel to be discontinued as they are getting cheaper, Mr Stoyanov told the private TV channel bTV.

Consumers in Bulgaria should be encouraged to save energy, as other EU countries do. I congratulate the Minister of Energy for not introducing 2 tariffs for electricity, Stoyanov added.

"Political instability affects the decisions of foreign investors. We will ask for amendments to the law to encourage investment so that we can develop industrial zones in small towns and create jobs, especially where there are no opportunities," the minister promised.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy Economy industrial zones Nikola Stoyanov small towns

Gallery

More from category

Bulgaria's wine sector sees poor grape harvest amidst growing investment interest

In mid-September, the traditionally great Christian feast of the Holy Cross (September 14) marks the beginning of one of the most anticipated agricultural processes – the grape harvest campaign. 2025 is no exception, but due to a number of factors, the..

published on 9/18/25 1:10 PM

Before the introduction of the euro, companies and citizens are rapidly depositing money into banks

Bulgaria's Ministry of Finance placed 7-year government securities on the domestic market for 300 million leva. (144 million euros) and an interest rate of 3.25%. The submitted purchase orders amounted to 446 million leva with a coverage ratio of 1.49...

published on 9/17/25 8:45 AM

Bulgaria reports 0.1% monthly inflation for August

In August 2025, Bulgaria’s annual inflation rate stood at 5.3%, same as in July, according to data from the National Statistical Institute. Monthly inflation in August dropped to 0.1%, compared to 1.7% in July. Inflation measured from..

published on 9/15/25 1:44 PM