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Passing over Council for Mutual Economic Assistance’s (COMECON) failure of the market in 1989 and hyper inflation in 1996, the economy of Bulgaria continues to advance. In 2005, GDP growth (%) was 5.5 and in that orders 6.0 forecasted in 2006 (Bulgarian Invest Guide, 2006) (see appendix1).
Bulgaria, as a choice of Eastern European country, has one of the most comprehensive market growths. Further innovations and foreign activities will make the entire Balkans region a European marketplace for exchanges and investments. Although, with the purpose of improving the country’s macroeconomic modifications to increase the competitive advantages of its enterprises, Bulgaria maintains good relationships with its boarders` neighbors- Greece, Macedonia, FYROM, Romania and Turkey (Foreign Direct Investments in the Balkans, 2002)...
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