Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria is 74th in global corruption ranking

Petar Ivanov
Photo: BGNES

Corruption, slow justice and unpredictability caused by frequent legislative changes are what foreign investors in Bulgaria face, the annual report of the US Department of State on the investment climate in 170 countries reads. “Bulgaria is ranked 74th in terms of corruption. It is worrying that this is the level of countries like Tunisia and former Soviet Union countries and even Belarus is ahead of us”, Petar Ivanov, Executive Director of the American Chamber of Commerce in Bulgaria (AmCham) commented in an interview for BNR.

In his view, Bulgaria has the most obscure business laws. That is why, this country ranks 61st in the Doing Business annual ranking. Bulgaria performs better in the innovations ranking-40th among 129 countries.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Sunshine, rising daytime temperatures expected on Monday

On Monday the weather will be mostly sunny, in the afternoon there will be scattered high clouds. Almost quiet weather is expected. Minimum temperatures will be mainly between minus 3°C and 2°C, slightly lower in the valleys of western Bulgaria, in..

published on 11/24/24 6:15 PM
Rumen Radev in Vietnam

President Radev meets with Vietnamese citizens who studied and worked in Bulgaria during his Vietnam visit

Rumen Radev's visit to Vietnam began with a meeting with the community of Vietnamese citizens who have studied and worked in Bulgaria - representatives of the Vietnam-Bulgaria Friendship Association. Hundreds of Vietnamese citizens are members of the..

published on 11/24/24 5:00 PM
MP Nadezhda Yordanova from PP-DB

PP-DB MP Yordanova: There is no agreement with GERB for a governing majority and posts

The deputy from "We Continue the Change - Democratic Bulgaria" Nadezhda Yordanova has denied the information that an agreement was reached with GERB - SDS for the formation of a governing majority , on the basis of which Atanas Atanasov from the..

published on 11/24/24 4:01 PM