Increasing Competitiveness and Introducing New Growth Models in Balkan Region

Increasing Competitiveness and Introducing New Growth Models in Balkan Region

Increasing competitiveness of the business and introducing new growth models on the Balkans were among the topics of discussion at the EU-Southeastern Europe Summit organized by The Economist. Bulgarian Minister of Economy Bozhidar Lukarski said that the major focus of the Bulgarian government was keeping economic and financial stability:
“Our efforts for increasing growth and creating competitive economy are focused on the implementation of a few priority goals: stimulating investments aimed at development of innovation capacity; creating new products and services; introducing new and effective management methods. The constant introduction of new technologies; innovative products and services is a prerequisite for increasing competitiveness and workforce productivity, for optimizing production costs and increasing incomes. The Bulgarian economy needs a well-functioning innovation environment that provides opportunities for rapid transition to production of goods and services with high added value.”
Minister Lukarski said a proof that Bulgaria was on the right track was selecting this country for the best outsourcing destination of 2015, as well as Bulgaria’s GDP growth, which is above the EU average.


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