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 has met the Eurozone inflation standard in 2024

Inflation for 2024 is 2.2% compared to the previous year, the National Statistical Institute reports. In December, this indicator was 0.4%. Annual average inflation for the period January 2024 - December 2024 compared to the period January 2023 -..

published on 1/15/25 11:50 AM

Unions and businesses protest against hike in industrial electricity prices

Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association (BICA) at a press conference held jointly with trade unions. Those who cannot pass on the increase in..

published on 1/9/25 1:13 PM

Eurozone entry could bring benefits for Bulgarian businesses and economy

Bulgarian exports are expected to grow by 5.8% annually after Bulgaria joins the eurozone. Trade in goods could increase by 3.3%, and in the services sector, growth might reach 8.4%. This is predicted by an analysis by the trade credit insurance..

published on 1/8/25 11:37 AM