Bozhidar Danev

Bulgaria Lags Behind in Attracting Foreign Investment - Industry Group

The Bulgarian Industrial Association (BIA) has warned the country ranks last in the size of foreign investment drawn by EU member states.

In an interview with public radio BNR, BIA Chairman Bozhidar Danev has added investment into the country is "mainly based on public money and EU funds."

Bulgarian Industrial Assoc. Hints at Negative GDP Growth by end-2014

Bozhidar Danev, Chair of the Bulgarian Industrial Association (BIA), has suggested that the country may close the year with negative economic growth.

In a Friday interview for the Bulgaria On Air TV, the BIA Chair pointed out that the first symptoms that the economy was lagging behind were showing.