Bulgarian economy growth passes through structural reforms, comments Ognian Donev

Solidarity between business and government is important. It is present in Bulgaria, comments the Chairman of CEIBG (Confederation of Employers and Industrialists in Bulgaria).

The growth of Bulgaria is related to a structural reform in economy or to closing down of undertakings that are not very promising and stimulation of other with better opportunities for development.

This has been stated during the broadcast of The Day ON AIR by CEIBG Chairman and Executive Director of Sopharma, Mr.Ognian Donev. He underlined that European development was also related to restructuring, considering the not very good investment climate in the region. The privatization of Bulgarian Stock Exchange will create a mechanism for attraction of foreign investors, even at low price of the transaction, commented Ognian Donev. CEIBG Chairman stated that Bulgarian business was not worried about the situation with debt issue on foreign markets. According to him this was a good opportunity for debt refinancing. „The situation in the country is clam, financial parameters are sufficiently good to achieve a normal price of this resource,“ said Ognian Donev. Source: Bulgaria On Air