Bulgaria and Romania will be fully admitted to the Schengen area, said Walter Ruck, President of the Vienna Chamber of Commerce and Industry said during a meeting with Bulgarian Vice President Iliana Iotova in Vienna. Austrian businesses have always supported full membership which will accelerate business relations with Austria, he said further. “Bulgaria offers some of the best conditions for doing business,” Walter Ruck said.
On her part, Vice President Iotova said she expected rationality and wisdom of the countries members of the EU and a speedy decision for Bulgaria and Romania’s accession to Schengen by land. “Being an external EU border, Bulgaria is among the most secure countries,” she added.
Austria is second in the number of foreign investors in this country – Austrian companies, and firms operating in all sectors of the Bulgarian economy.
Within the frameworks of the initiative “Women in the economy”, Iliana Iotova held a series of meetings with women, among them many Bulgarian managers in different sectors of the Austrian economy.
A working group comprising representatives of employers, trade unions and government experts is discussing the proposals of the Ministry of Labor and Social Policy for introducing a new mechanism to determine the minimum wage. This is happening a day..
“The main priorities businesses have – membership of the Eurozone and accession to the Schengen area by land – have receded to the background. They are the motors which can boost the economy, but the fact there is no regular government is an obstacle..
Bulgargaz has reported record interest in its tender for the supply of LNG to the Alexandroupolis terminal for January and February 2025. All nineteen bidders met the criteria set by the company and have been approved to participate in the next..
The draft budget for 2025 proposes a deficit of 3%. The mid-term budgetary forecast targets a deficit of 3% up until 2028. The government debt is to..
The Bulgarian-Moldovan Chamber of Commerce and Industry held a meeting with leading specialists from the energy sector of Bulgaria and Moldova. The..
Shell Exploration and Production (96) B.V , a subsidiary of Shell, will explore for oil and natural gas in Block 1-26 Khan Tervel, located in..
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