Bulgarian PM to boost Indian cooperation
Bulgarian prime minister Sergey Stanishev is to embark upon a trip to India to help boost economic ties between the two countries.
Speaking to the Times of India, Mr Stanishev said that Bulgaria's accession to the EU has made the country more attractive as an "investment destination", offering businesses access to the single European market.
According to the politician, Bulgaria has sustained economic growth of six per cent over the course of the last three years, while low unemployment and manageable inflation are also significant factors.
"Another important feature of Bulgaria as a preferred investment destination is that it offers the lowest operational cost in Europe with highly-qualified, well-motivated, flexible and loyal multilingual labour force," he told the newspaper.
In related news, the Independent recently reported that 40,000 Britons now own property in Bulgaria.
The newspaper noted that people can purchase properties in the country from £23,000.
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