Bulgaria Best Balkan Country to Invest in, Foreign Policy Magazine
Bulgaria ranks 28th in the Foreign Policy Magazine's "Baseline Profitability Index", measuring countries' attractiveness for foreign investors.
Among the countries of the Balkan peninsula, Bulgaria is the highest ranked. Right behind, in 29th place, is ranked Macedonia. Romania is 43rd, Albania 53rd, Serbia 55th, Slovenia 74th, Turkey 79th, Croatia 90th, and Greece 101st.
Bulgaria keeps its position unchanged compared to 2013.
The BPI measures countries based on rates of return, political stability, corruption, investor protection, and exchange rates
The top 3 countries in the ranking remain unchanged from last year (Botswana, Hong Kong, Taiwan). The highest-ranked EU country is Poland, in 14th place.
You can view the full ranking here.
- » Piraeus 'in Talks' with NBG Group to Merge into Bulgaria's UBB
- » Bulgaria Turns to Budget Surplus of 1.1% of GDP at End-June
- » Bulgaria to Cut Power Prices for Households by 0.11% from 1 August
- » Chair of Employers' Association: Power Price Hike Will Cause Protests to Intensify
- » Bulgaria Loses 1M Turkish Tourists a Year due to Cumbersome Visa Issuance Process
- » Bulgaria's Energy Regulator to Announce New Electricity Prices
Congratulations! I think it is because Bulgarians are quite rational and take better control over emotions when compared to majority of their Balkan neighbours. They also show no aggression towards the others and, although BG used to be a bigger country in the past than it is now, it does not run "historic politics" claiming territories that used to belong to them in the past. Investors like such reliability.
However, the problem for Bulgarians is their self-esteem which is too low compared to their historical achievements and cultural heritage, and they also tend to be too passive.
Poland's first place in the EU is no wonder, we have a big internal market, skilled workforce, good knowledge of foreign languages and manufacture good quality industrial and agriculture products which cost 1/3 less than their German equivalents. Polish problems are decreasing role of family and traditional values, rising gap between the rich and the poor and difficulties with finding balance between work and normal life leading to divorces and social conflicts. It all is strongly associated with a decreasing role of the catholic church, btw. due to church's own faults (hiding paedophile affairs, love for money).