BULGARIAN ECONOMY

Overcoming the difficulties in funding opportunities for the businesses is a major issue of the session in Brussels

Specific programmes are about to be developed this autumn, thus giving Bulgaria the opportunity to use European funds in fighting against youth unemployment, stated the Prime-Minister Plamen Oresharski in Brussels. The purpose of the programme is to support as many young people as possible, guaranteeing them by priority to get their first jobs up to 4 months after their graduation or state of unemployment.

It is expected that Bulgaria will be granted about 100 million euro by the European Union for the next two years as a measure of encouraging the employment of the youth.

The Prime-Minister has put emphasis on the issue about the prolongation period when Bulgaria would be able to acquire the funds of the recent 7-years-period European budget and would plan to submit regular feedback reports to the public and the National Assembly.

Overcoming the difficulties in funding opportunities for the businesses is another major issue of the session in Brussels. According to the Prime-Minister additional instruments should be found and developed by the main financial source – the European Investment Bank, together with the cohesive funds in order to create better preconditions for supporting the small and medium sized enterprises in the first place.

Regarding the regulatory regimes there is a big concurrence between the local debates that occurred in the past few weeks in Bulgaria, and the European ones.

The Prime-Minister reassured the audience about the positions of the state regarding the joining of all our west neighbors to the European Union by defining as good news Serbia and Kosovo’s efforts in commencing negotiations for joining Serbia and associating Kosovo. He congratulated Croatia for its membership to the European Union since 1st July, and Latvia for joining the Eurozone at the beginning of next year. 

NEWS FROM BCCI
The EU Club at BCCI gathered to send the Irish presidency on and welcome the Lithuanian one henceforth
The EU Club at BCCI gathered to send the Irish presidency on and welcome the Lithuanian one henceforth Още
Inauguration of the Bulgarian-Romanian Chamber of Commerce and Industry
The Bulgarian Chamber of Commerce and Industry acclaims the idea hoping for a good future cooperation between the Chambers and active work Още
New opportunities for financing Bulgarian enterprises and municipalities trading with Hungary
H. Exc. Mr. Andras Klein, Extraordinary and Plenipotentiary Ambassador of Hungary in Bulgaria, and Tibor Nemet, commercial representative to the Embassy of Hungary, met the President of the Bulgarian Chamber of Commerce and Industry, Tsvetan Simeonov Още
Economic environment’s instability and bureaucratic constraints impede innovations, reveals a research of the Bulgarian Chamber of Commerce and Industry
Results from the BCCI's research on the role of innovations for the businesses and their collaboration with universities Още
Bulgarian-Chinese business forum – joint event of the BCCI and the Bulgarian-Chinese Chamber of Commerce and Industry
Bipartite meetings between representatives from China and Bulgarian companies Още
BULGARIAN ECONOMY
CONSOLIDATED FISCAL PROGRAMME PERFORMANCE DATA AS OF 31.05.2013
The budget balance under the Consolidated Fiscal Programme (CFP) as of end-May is positive, amounting to BGN 45.5 million Още
Overcoming the difficulties in funding opportunities for the businesses is a major issue of the session in Brussels
The Prime-Minister would plan to submit regular feedback reports to the public and the National Assembly Още
The International Credit Rating Agency MOODY’S Investors Service Published its Credit Analysis for Bulgaria
LABOUR POLICY
Parliament adopts measures to overcome youth unemployment
Меasures approved unanimously two draft bills for amendments to the Employment Encouragement Act Още
ENERGY AND ENERGY EFFICIENCY
The amendments to the Energy Act – “stabilizing and urgent”
Our will to establish rules for transparency into the energy sector and put an end to the exhaustion of the Bulgarian energy system is unconditional Още
BULGARIA AND EU
Аccession of Croatia to the European Union