Doing Business in Bulgaria

Doing Business in Bulgaria

30.11.2012
Да правиш бизнес в България

Andrey Delchev gave an interview for the November edition of Acquisitions International Magazine. Attorney Delchev indicated as advantage of the firm the very good knowledge of the mechanisms of the international financial institutions, public, state and municipal administrations, which help for realization of projects in business, infrastructure and ecology areas.
When asked to describe the current business environment in Bulgaria, Mr.Delchev pointed infrastructure projects as powerful instrument for business development and that Bulgaria is recovering from the crisis. Mr.Delchev attributes the growth in foreign direct investment to the fact that the country is offering low production costs, cheap labour and has an advantageous geographical location.
On the question concerning the government’s fiscal policy, Andrey Delchev pointed that fiscal policy is restrictive towards keeping low the expense part of the budget. The country has a low deficit and regarding this indicator is one of the best performers in the EU. Other measures include providing more stimulation for foreign investments.

Follow the link to read the entire article:

Other News