site.btaEconomic Growth and Fiscal Stability Attract Investments to Bulgaria, Says BWA Chairman
Meeting with Bulgarian President Rumen Radev on Thursday, Michael Schumann, Chairman of the Board of the Federal Association for Economic Development and Foreign Trade (BWA), said economic development and fiscal stability make Bulgaria an attractive investment destination.
He further said economic ties between Germany and Bulgaria can be further expanded. German businesses can gain even stronger representation here. Bulgaria has impressed with its economic development in recent years, as well as with its fiscal stability. The country is also advancing in industries such as electronics and new technologies. It has a dynamic private sector and a stable public sector. All this makes Bulgaria an attractive destination for investment, according to Schumann.
He also underlined the potential for developing cooperation in security and defence, and described Bulgaria as a very stable and reliable partner in the EU in this respect.
In his view, this country has much to offer, and it would be a pity not to make full use of its potential in energy projects, infrastructure, agriculture, services, research and development, and education.
President Radev met with BWA leaders who are visiting at his invitation. The meeting included companies from electric mobility, infrastructure and tourism interested in investing in Bulgaria.
/MR/
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