After Bulgaria joins the Schengen area and the Eurozone we expect the GDP to go up by 5% in the first 1-2 years, said Minister of Economy Bogdan Bogdanov for public service TV BNT. He pointed out that the most important mission for 2024 remains accession to the Schengen area by land.
The State Consolidation Company, SCC, comprises 16 companies, Minister Bogdanov said further. The SCC has put up many of these companies as collateral for credits, among them LB Bulgaricum, the Institute for Military Research in Kazanlak, Kintex, Avionams. “Kintex is even on the list of companies which cannot be put up for privatization,” Bogdan Bogdanov said. “How can we shut down the State Consolidation Company at a time these companies have been put up as collateral and can be sold off? Our aim is to get them released,” Minister Bogdanov said.
We are moving towards the option of not having a quickly adopted budget for 2025, Lachezar Bogdanov, chief economist from the Institute for Market Economics, told BNR. In presenting the institute's alternative state budget, the..
Bulgaria and India will intensify their cooperation in various sectors of mutual interest. This was discussed at a meeting of the Bulgarian Minister of Economy Petko Nikolov with Ambassador of India to Bulgaria H.E. Sanjay Rana. The two focused..
On October 31, 2024, 10 business leaders in Bulgaria founded the first Bulgarian-Czech Chamber of Commerce in the country. At the Embassy of the Czech Republic in Sofia, in the presence of Martin Dvořák, Minister of European Affairs of the Czech..
Urgent reform of Bulgaria's planning districts is needed, local authorities insist.The current regionalization shows increasing economic imbalances in..
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