GEORGIA, ARMENIA, BULGARIA OFFER BEST OPPORTUNITIES FOR BUSINESS START-UPS IN BLACK SEA REGION: STUDY
Focus News
Jan 31 2012
Bulgaria
Varna. Georgia, Armenia and Bulgaria offer the best opportunities
for starting business in the Black Sea region, states a study of the
International Greek Business Association, said Ivelina Nesterova,
expert with the Regional Agency for Entrepreneurship and Innovations –
Varna, speaking at a press conference, Radio FOCUS – Varna reports.
The study was presented during an international conference themed
Black Sea network of cooperation held in Thessaloniki.
Nesterova said that the chart was arranged following 6 basic indices
– facilitation for staring a business; facilitation for loan taking;
protection of the investors; facilitation for tax payment; facilitation
for international trade; and protection of contracts.
According to the abovementioned criteria Armenia and Georgia offer
the best opportunities for starting a business. Bulgaria comes third
in the chart.
Ukraine and Russia are in the bottom of the chart.
From: Emil Lazarian | Ararat NewsPress
Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
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