Bulgaria FDI Peak at 1.6 Billion Euros

Bulgaria FDI Peak at 1.6 Billion Euros

Investments in Bulgaria peaked at 1.6 billion euros. This is a record since 2009 and obviously these indicators suggest that Bulgaria is moving in the right direction, said Minister of Economy Bozhidar Lukarski during the discussion "YES! To the Bulgarian economy."
Stability and further reforms are the two main pillars of the economy, said Minister Lukarski.
"The forum YES! To the Bulgarian economy brings government and business together and is extremely important to us."
The forum at "Sofia Hotel Balkan" was organized by the Standart daily. It brought together key ministers and 150 representatives of the largest companies and foreign investors in the country. Judiciary, administration, education and energy are key issues facing investors according to participants in the forum, said Standart CEO Slavka Bozukova.
"Bulgaria's macroeconomy data was impressive last year – 3% economic growth, 23% FDI growth, 9% export growth and 3 billion more in treasury revenues from intercepted contraband goods. This year the expectations are even greater – further growth, albeit at a lower rate, and deficit reduction. We must speed up reforms. This was a key demand of the business during the first forum," she added.


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