Home » Politics

Radeva: The international financial crisis already affects Bulgarian economics

Submitted on Saturday, 21 February 2009No Comment
Radeva: The international financial crisis already affects Bulgarian economics

“The international financial crisis already affects Bulgarian economics”, said Nina Radeva – vice-minister of economics and energetics at the International forum “Creativity and innovation in the sphere of eurofunds for local development”.

According to Radeva, that lead to the increased significance of the financial resource that comes to Bulgaria by the structural funds. Radeva said, that in the crisis environment grows the role of alternative financing sources such as operative programs, the national strategic reference plan and the budget that is supported by EU funds.

In the current situation, the small and average businesses are the most vulnerable, because many of them depend on the value of the credit resource. This is especially true to the ones that have just begun. The ambassador of Spain Fernando Arias stressed on the importance of the eurofunds for the development of Spain and said that Spain had the same doubts as Bulgaria before entering the EU.

Leave your response!

Add your comment below, or trackback from your own site. You can also subscribe to these comments via RSS.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

This is a Gravatar-enabled weblog. To get your own globally-recognized-avatar, please register at Gravatar.

More news from Politics

» Dilma Rousseff - a Bulgarian immigrant daughter - is the new President of Brazil
» 30 000 Bulgarian citizenship applications approved in 2010
» Bulgaria will support the unified commission of the EU for swine flu vaccine delivery
» Tsvetanov is a full-fledged politician
» Nadejda Mihailova for EU commissioner