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Expert - Bulgaria Starts Overcoming Crisis in April
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Bulgaria’s economic recovery will start in April 2010, according to Tsvetan Simeonov, Chair of the Bulgarian Chamber of Commerce and Industry.
“Bulgaria’s economy has seen harder times. If the GERB party lives up to its campaign promises – not to increase taxes, to reduce the administration – we are not going to be in the situation of some of the neighboring states,” Simeonov told Pro.bg TV apparently referring to the situation in Greece.
Simeonov has slammed the Borisov Cabinet for its policy to delay payments it owed to private companies, and to pay immediately only to those who give up 10% of the state debt to them.
The Bulgarian Chamber of Commerce and Industry, together with the major trade unions, have insisted that the government publish a schedule of paying out the money it owes to private businesses that executed public procurement orders. This would allow the firms to apply for credits, Simeonov said.
In his words, when drafting the 2010 budget, the government did not take into account the possible drop in the level of revenue which occurred in the first months of the year.
The BCCI favors strongly the idea of the Finance Minister, Simeon Djankov, that state employees should pay their health insurance on their own because this will improve the equality in the labor market.
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Bulgarian Properties |
Cheap Properties in Bulgaria >>
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Somewhere over the rainbow My Bulgarian Property RUS5033
Brief: Houses for sale near Veliko Tarnovo
Area: 120 sq.m.
Price: 7900 EUR
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Cheap land for sale in Bulgaria - LND02
Brief: Agricultural land for sale near Ruse
Area: 20000 sq.m.
Price: 6000 EUR
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I't's so easy to start your agricultural business - LND03
Brief: Agricultural land for sale near Ruse
Area: 30000 sq.m.
Price: 9000 EUR
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Brief: Houses for sale near Ruse
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Forest Hills and Healing Air – Bulgarian Property – RUS1692
Brief: Houses for sale near Ruse
Area: 110 sq.m.
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A GIFT instead of an OFFER on the banks of Danube River! - Bulgarian Property – RUS1572
Brief: Houses for sale near Veliko Tarnovo
Area: 100 sq.m.
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Brief: Houses for sale near Ruse
Area: 120 sq.m.
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A palace for sale in Ruse - Bulgarian Property - RUS1224
Brief: Houses for sale in Ruse
Area: 500 sq.m.
Price: 200000 EUR
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House on a beautiful hill near Ruse - Bulgaria Invest - RUS1222
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 25500 EUR
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THE GREENLAND MANSION – RUS1524 more than 4000 sq.meters
Brief: Houses for sale near Ruse
Area: 160 sq.m.
Price: 26300 EUR
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RUS1511
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 11200 EUR
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Top center apartment in Ruse – RUS1297
Brief: Large apartments for sale in Ruse
Area: 140 sq.m.
Price: 72000 EUR
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Wonderland – RUS 1282
Brief: Houses for sale near Silistra
Area: 100 sq.m.
Price: 12800 EUR
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