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European Commission Vice-President urges investors to go to Bulgaria

Xinhua, April 16, 2015 Adjust font size:

European Commission Vice-President Jyrki Katainen urged here on Thursday investors to go to Bulgaria due to the abundance of opportunities and improving business environment.

Bulgaria is a catching-up economy, and there are lots of opportunities to invest in this country, Katainen told a joint press conference after meeting with Bulgarian Prime Minister Boyko Borisov.

Bulgaria must do its share in order to create more certain business environment, and that's why it is very good to hear that the things are moving into the right direction, Katainen said.

Katainen, who visited Bulgaria as part of his roadshow to promote the Investment Plan for Europe, said the European Union (EU) is offering new opportunities for its member states, especially for the private sector and private investors.

In order to encourage the private investment, the investment climate must be right, and the fight against corruption is very crucial, said Katainen, who is responsible for jobs, growth, investment and competitiveness.

Education is also very important in order to attract long-term investment, and the third element is to support entrepreneurship, he added.

Bulgaria adopted last Wednesday a five-year national anti-corruption strategy, with the hope to significantly reduce the perceptions and experiences of individuals and companies regarding the level of corruption in the country. Endit