Bulgaria and Romania will be fully admitted to the Schengen area, said Walter Ruck, President of the Vienna Chamber of Commerce and Industry said during a meeting with Bulgarian Vice President Iliana Iotova in Vienna. Austrian businesses have always supported full membership which will accelerate business relations with Austria, he said further. “Bulgaria offers some of the best conditions for doing business,” Walter Ruck said.
On her part, Vice President Iotova said she expected rationality and wisdom of the countries members of the EU and a speedy decision for Bulgaria and Romania’s accession to Schengen by land. “Being an external EU border, Bulgaria is among the most secure countries,” she added.
Austria is second in the number of foreign investors in this country – Austrian companies, and firms operating in all sectors of the Bulgarian economy.
Within the frameworks of the initiative “Women in the economy”, Iliana Iotova held a series of meetings with women, among them many Bulgarian managers in different sectors of the Austrian economy.
According to the Institute for Market Economics , today marks the so-called Tax Freedom Day , reported BNR’s correspondent Natalia Ganchovska. This is the day on which taxpayers stop working to pay their taxes and start working for..
“Bulgaria’s accession to the euro area will have a positive impact on the economy, the people, the business sector and the whole country”, said Minister of Economy Petar Dilov in an interview with public service broadcaster BNT. ''On January 1,..
The Association of Bulgarian Tour Operators and Travel Agents (ABTTA) expects tourism growth in Bulgaria to slow down due to the unfavourable economic situation in many of its source markets. It is not yet clear what effect Bulgaria's accession to the..
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