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Bulgaria to Join EU with Fast Developing Economy

Date: 02.11.2006

Bulgarian government would spare no efforts for the country to join the EU with a fast developing economy, said Foreign Minister Ivaylo Kalfin at the official opening of the annual Southeast Europe Economic Forum in Sofia.

The Government has set a goal to reduce to minimum the risks that the country will face after January 1. Bulgaria joins the Union with a competitiveness that is lower than the competitiveness of the other members, said Kalfin.

Bulgaria must stand solid and clearly defined national position, he added. The country offers good conditions for business development and maintains relatively high level of foreign investments.

"European markets are not unknown to Bulgarian business yet we know our weaknesses, which we have to fix", Kalfin claimed.

He pointed out one of the weaknesses is the slow enhancement of infrastructure and the development of business environment.

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