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

Bulgaria has met the last criterion of 3% budget deficit for entering the eurozone

Sofia has met the last criterion for entering the eurozone. After meeting the inflation criterion, the data on the budget deficit for 2024 should have been released according to the EU methodology. In 2024, the institutional..

published on 4/23/25 8:53 AM

European defence offers opportunities for Bulgarian manufacturers

The Bulgarian Chamber of Commerce and Industry is hosting an information seminar today on the topic "European defence and opportunities for Bulgarian business in the development and production of defence products". The main goal of..

published on 4/23/25 7:15 AM

Annual "Knight of the Book" awards are presented today

On World Book and Copyright Day, this evening at 7:00 p.m., the annual "Knight of the Book" Awards - 2025 will be presented at a ceremony in the "Peroto" literary club. The awards are presented to individuals whose work and efforts..

published on 4/23/25 7:05 AM