Text size

Lack of predictability and qualified staff discourages Italian investors in Bulgaria

published on 10/14/22 5:31 PM

Italian Ambassador to Bulgaria Giuseppina Zarra.

Photo: Embassy of Italy in Sofia

Bulgaria and Italy have very good economic relations, but the main challenge for Italian investors in Bulgaria is to find employees with the necessary qualifications, especially in specific sectors such as textiles, mechanics, mechanical engineering, etc. This is what Italian Ambassador to Bulgaria Giuseppina Zarra told BNR.

Another challenge is Bulgaria's legal system and to what extent it can be relied on. "You know that when certain procedures are initiated, there must be predictability. Sometimes the lack of it can discourage Italian businesses from investing," the ambassador said.

Н.E. Ms Zarra confirmed that her country supports Bulgaria's accession to Schengen and encourages Bulgaria to join the single currency.

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

Radio Bulgaria News ambassador Giuseppina Zarra investors Italy

More from category

Protest in Velingrad in support of farmers with flocks which tested positive for sheep and goat plague

A protest took place in Velingrad in support of the farmers whose flocks of sheep have been quarantined because of positive tests for sheep and goat plague. To stop the spread of the disease, access to the area around the farms has been..

published on 11/30/24 1:10 PM

EC gives Bulgaria 6 months to introduce necessary reforms under the Recovery and Resilience Facility, or it may lose EUR 653 million

Bulgaria will be given six months to carry out the necessary reforms connected with the liberalisation of the energy market , otherwise it stands to lose EUR 653 million which it should receive as a second payment under the Recovery and..

published on 11/30/24 11:55 AM

Honey festival in Pleven attracts visitors from near and far

The second edition of the Festival of Apiculture Products continues in Pleven. The exposition features honey and apiculture products, as well as honey cosmetics. The initiative for the event belongs to the regional apiary union and the Pleven..

published on 11/30/24 10:09 AM

WEATHER

Pick city: Sofía

Cloudy
Min: 1 | Max: 4

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

Share

Lack of predictability and qualified staff discourages Italian investors in Bulgaria

More from category

Protest in Velingrad in support of farmers with flocks which tested positive for sheep and goat plague

EC gives Bulgaria 6 months to introduce necessary reforms under the Recovery and Resilience Facility, or it may lose EUR 653 million

Honey festival in Pleven attracts visitors from near and far

The annual effect of Bulgaria's accession to Schengen by land will amount to BGN 1.63 billion

Eurobarometer: Bulgarians’ trust in the EU is a little over the average for the Union

The Ministry of Transport supports the idea of naming Sofia Airport after Vasil Levski