AmCham Business Lunch with the Prime Minister Boyko Borissov
Prime Minister Borissov addresses more than 300 businesses, officials and media at a business lunch
In his address to the AmCham business community, foreign diplomats and government officials on Jan. 29th, 2013 the prime minister Boyko Borissov elaborated on the major achievements of the Bulgarian government during the past 4 years: low foreign debt, low budget deficit, improvements in the administrative capacity, political and economic relations with the EU and the US.
The premier’s speech was entitled: Government Priorities and Policies in the New Planning Period and the Multiannual Financial Framework 2014-2020 of EU. The prime minister vowed that if elected again he will continue with the policy of improvement of the business environment in the country.
July 7th was mentioned by him as a possible date for the next general elections in Bulgaria.
The premier said that now Bulgaria manages to absorb 30% of the EU funds while it was just 1% in the past. “From now on, we are striving to absorb at least 80% of the EU funds”, Borissov stated.
He assured the businesses that Bulgaria is going to build the 7th nuclear reactor in Kozloduy. In his words the lifetime of 5th and 6th reactors will be expanded and the coal produced by Maritza mines and the electricity production of Maritza companies represent a good energy diversification. He stated that currently Bulgaria has a surplus of 500 MW of electricity which is not marketed and not used yet.
Economy and Energy Minister Delyan Dobrev claimed that investments of EUR 5 B had already been made in renewable energy sources in Bulgaria, adding that the expenses for renewable energy projects were high and had to be covered by the investors. Borisov noted that these expenses were currently covered by the people, whose electricity bills were 13% higher. He pointed out that the decision to introduce the grid access fee, which was met with repeated protests of renewable energy producers, was hard to be made but people and social justice should be put before the investors’ interests and companies’ high profits.
The AmCham lunch was attended by more than 300 businesses, foreign envoys, government officials, and about 60 media reps.