site.btaMEP Tsvetelina Penkova Attends International Start-ups Conference in Sofia
"The startup sector plays a key role in shaping the innovation landscape in the EU and gives a boost to the innovative spirit. The industry accounts for around 3% of the EU's GDP and provides approximately 2 million jobs," said Penkova. The MEP quoted examples from Bulgaria where start-up companies are forced to register offices or seek success in another member state or, more often than not, outside the EU Community - in the US, in the UK and even in Asia.
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