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Denkov to American business: The Cabinet is stable

The cabinet is more stable than it appears in the media in a pre-election situation. We will face interests, but we will place them within certain frameworks. The great majority in the National Assembly and the great majority of the Bulgarian people support the government and I am sure that we can realize the common goals. Only together can we achieve these goals. Academician Nikolay Denkov stated this during a business breakfast with the American Chamber of Commerce.

The meeting was also attended by the Minister of Finance Asen Vasilev, the Minister of Education and Science Galin Tsokov, as well as the Deputy Ministers of Innovation, Energy and Economy.

The main goal of the government is to fully integrate in the coming years into the European and Euro-Atlantic structures, Denkov also said. And he continued: “Schengen priorities, entry into the Organization for Economic Cooperation and Development, into the Eurozone, cooperation with the EU, with the USA – this is aimed at the development of Bulgaria as a normal European country. We will act pragmatically to achieve this goal. We have a clear and concrete plan, we work as a team to realize these tasks”.

American companies are in fourth place among foreign investors in Bulgaria, announced Olivier Market, president of the American Chamber of Commerce in Bulgaria.

“In 2018, when we published the first version of this report, the United States was in sixth place among foreign investors in Bulgaria. The presence of American companies has increased over the years, and the United States is now in fourth place. Foreign direct investment now stands at 5.4 billion leva now.”

The Canadian investments, which amount to BGN 1.3 billion and have created about 5,000 jobs, have also been calculated.

Olivier Marquet emphasized that he hopes that the conditions for business in Bulgaria will improve further.

“These values ​​can be improved if we have a favorable business environment and wider digitalization. The Bulgarian municipalities, in whose territory the American investments are carried out, also help the business a lot. We have some productive relations between the local government and the investors,” said Market.