In Bulgaria there is a problem with the rule of law and this has a negative effect on the economy of the country. This is what Bulgarian Deputy Prime Minister for European Policies and Institution Issues Meglena Kuneva said at the Seventh Southeast Europe Economic Forum, held in Sofia.
In a study of "Open Society," 2/3 of respondents believe that the law does not apply equally to all. Also 2/3 of them think that the laws were unjust. The effectiveness of the legislative process can be improved through civil legislation initiatives that are new for Bulgaria but not new for Europe.
“We have been getting increasingly closer to the democratic opportunities,” said Meglena Kuneva. “Within a generation’s time, besides the free press, we now have the Internet and social networks. This would have its effect on the legislative process. We try to compensate for the delays through ‘impact assessment’, public hearings and referenda that may directly affect the legislation.”
Distrust in the effectiveness of legislation reduces the flow of Bulgarian and foreign capital in the economy, says representative of the World Bank in this country Tony Thompson, who participated in the economic forum. According to him, in order to start a successful business in the country, a new Bulgarian or foreign company must keep to four rules:
Tony Thompson believes that in order to improve the business environment in Bulgaria it is also necessary to increase discipline when agreements are concerned, to reform education and public administration.
Another problem, according to experts, is that currently about 20% of graduates in Bulgaria leave the country, which is associated with opportunities for finding a better paid job abroad, as well as a better social system.
English: Alexander Markov
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