Bulgaria's Deputy PM Vows Re-industrialization Efforts

Business | March 8, 2014, Saturday // 11:16
Bulgaria: Bulgaria's Deputy PM Vows Re-industrialization Efforts File photo

Bulgaria will be re-industrialized, but there will be no arbitrary handing out of money and opening of pointless factories, said Bulgaria's Deputy Prime Minister Daniela Bobeva.

According to her the idea of the re-industrialization is part of the EU strategy. “The goal is at least 25% of the GDP of member states to come from industrial production for a long period of time,” Bobeva said. 

According to her, Bulgaria has reached the goal, as 26% of its GDP comes from the industry.

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Tags: Bulgaria, re-industrialization, EU, Daniela Bobeva

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