Bulgaria news blog

Main instrument for combating the crisis in Bulgaria are the investors, claimed the minister of economy and energy Peter Dimitrov at the award ceremony for “Investor of the year” yesterday, informed BNR.
According to Dimitrov, Bulgaria ranks second in investment attractiveness in the world. The country is outpassed only by Hong Kong. The government will put efforts in preserving these positions, promised the minister of economy.
Despite the promises, 2008 marks a serious drop in the investments compared to last year. For the first 9 months they are around one billion euro less than in 2007, when they were 6.6 billion euro. In 2005 the investments were hardly 3 billion euro.

by Olga Yoncheva

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