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 financial situation in the country is critical, Finance Minister Temenuzhka Petkova says. Which means that the good news – the slowing inflation rate (on an annual basis) and Bulgaria’s full accession to the Schengen area at the beginning of the..
Moody's Ratings has affirmed Bulgaria's long-term and short-term rating at Baa1 with a stable outlook. The affirmation of Bulgaria's Baa1 rating reflects the rating agency's expectations that Bulgaria's debt and creditworthiness indicators will remain..
On January 27th, government securities for 150 million euros (300 million leva) will be offered on the domestic market , the Bulgarian National Bank (BNB) announced. The bonds will have a maturity of 7 years and an annual interest rate of 3.25%. On..
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