“The only way to open new jobs in Bulgaria is by securing calmness in country’s economy, improving the business climate, and putting an end to the political clashes,” Bozhidar Danev, chairperson of the Bulgarian Industrial Association, said in an interview with FOCUS News Agency.
“The political scuffles create some instability both for the Bulgarian economy and for the investors and I think that the prognoses for cutting Bulgaria’s rating, though symbolically, is an indicator of this,” Danev remarked.
“Bulgaria’s economy is strongly connected with the European economy and if the European economy lacks resources, we cannot expect any growth for Bulgaria’s economy either,” the expert commented further.