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

Ministry of Economy plans creating small town industrial zones 

2
Nikola Stoyanov
Photo: Press Service of the Council of Ministers

Acting Minister of Economy and Industry Nikola Stoyanov will propose measures in support of small and medium-sized enterprises to be extended until the end of the year and discounts for citizens in the price of fuel to be discontinued as they are getting cheaper, Mr Stoyanov told the private TV channel bTV.   

Consumers in Bulgaria should be encouraged to save energy, as other EU countries do. I congratulate the Minister of Energy for not introducing 2 tariffs for electricity, Stoyanov added. 

"Political instability affects the decisions of foreign investors. We will ask for amendments to the law to encourage investment so that we can develop industrial zones in small towns and create jobs, especially where there are no opportunities," the minister promised.


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.

Gallery

More from category

A Bulgarian-Czech Chamber of Commerce established in Sofia

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..

published on 10/31/24 1:54 PM

The model of EU subsidies distorts agricultural production in Bulgaria, the director of the Institute of Agrarian Economics says

In the space of 15 years, from 2005 until 2020, 75% of the farms in the country have disappeared – from 500,000 in 2005 down to 132,000 in 2020, said Prof. Dr. Bozhidar Ivanov, Director of the Institute of Agrarian Economics at an international..

published on 10/31/24 9:39 AM

Business climate in Bulgaria worsens in October

In October 2024, the total business climate indicator decreased by 5.6 percentage points compared to September, dropping from 22.5% to 16.9%. The index declined in all monitored sectors, the National Statistical Institute announced. In industry, the..

published on 10/30/24 1:36 PM