I have to note the healthy and functional growth of the private sector, which is determined by the dynamics of private investment and by bank activity correspondingly. A large and untapped domestic bank money is available and potentially free for private investment. We must continue to address the problem of lack of confidence between banks and businesses so that this money could be used as investment credit. Bulgaria can afford substantial extensive economic growth by creating jobs, reopening non-functioning or declining industries, increasing arable land and using power facilities with free capacity. Efforts are needed to develop the labor, capital and land markets and to invigorate the stock exchange in order to disrupt the vicious circle of the non-existence of market and the low cost of production factors.
People wait for a favorable situation to start offering land.
Stock exchange trade is not brisk as the stockholders are not satisfied with the price, etc. It is a vicious circle. Therefore, one of the main tasks should be to promote markets where extensive factors of economic growth could practically be set in motion. Since we cannot be actively involved in financial support to the business by tax incentives, we can help it administratively. And we must do it.