BUSINESS CLIMATE
Bulgaria ranks 38th in the Doing Business 2016 ranking of the World Bank
Bulgaria ranked 38th in the latest Doing Business ranking of the World Bank.
Doing Business 2016 ranks 189 economies on their ease of doing business, with a high ease of doing business ranking meaning that the regulatory environment is more conducive to starting and operating a local firm
The ranking is based on the scores obtained on ten topics – starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency.
Bulgaria scores best in protecting minority investors (14), as well as in cross-border trade (20) due to the short time needed to meet the regulatory requirements and transport the goods both for exports and imports. Bulgaria’s worst ranking is in getting electricity (100).
Singapore retains its first position, while Eritrea continues to occupy the bottom of the ranking.
Check out the full ranking here.
NEWS FROM BCCI
BCCI issues Excellent SME certificate
To promote successful SMEs, secure and safe business, good business practices and to increase market transparency
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The Ambassador of Nigeria visited BCCI
Joint initiatives to activate the bilateral trade and economic relations were discussed
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How to register Trade Representation Offices of foreign entities in Bulgaria
The Trade Register of the BCCI is compulsory for the trade representation offices
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BUSINESS CLIMATE
Business Conjuncture in Bulgaria - October 2015
Improved business climate in industry, construction and retail trade
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Bulgaria ranks 38th in the Doing Business 2016 ranking of the World Bank
Bulgaria scores best in protecting minority investors
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FINANCE
Bulgarian Ministry of Finance projects 2.1% GDP growth, 2.0% deficit in 2016 Budget Draft
Maintaining the stability of public finances is a top priority of the Government’s fiscal policy
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Bulgaria will adapt the financial instruments for its market and will manage them more effectively in the new programming period
The challenge in the new programming period is the management of a much larger sum for financial engineering....
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INTERNATIONAL COOPERATION
Bulgarian national stand at the Cross-Border e-Commerce Pilot Zone in Hangzhou, China
Established under the Association for the Promotion of Agricultural Cooperation between China and the countries of Central and Eastern Europe
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Record number of wineries represented Bulgaria at Megavino Wine Fair in Brussels
Bulgaria was selected to host the 22nd edition of Concours Mondial de Bruxelles
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