GEORGIA, ARMENIA, BULGARIA OFFER BEST OPPORTUNITIES FOR BUSINESS START-UPS IN BLACK SEA REGION: STUDY

Focus News
http://www.focus-fen.net/index.php?id=n269853
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