Valkanov

Retail trade stands as the second largest employer in Bulgaria, ranking among the top three sectors with the highest number of job vacancies currently available. According to national statistics, the sector contributed 8% to the gross domestic product last year, and its companies are significant contributors to the country's tax revenues.

Retailers in Bulgaria are gearing up for the introduction of the euro, with double price labeling in BGN and EUR expected in stores starting March, NOVA NEWS reports.

Retail chains in Bulgaria are actively preparing for the transition from the Bulgarian leva to the euro. Nikolay Valkanov, the executive director of the Association for Modern Trade, stated on Nova TV that ongoing discussions with relevant departments are focused on coordinating activities associated with the euro's introduction.

The business climate in Bulgaria is at a very good level. This was commented in Ruse by the deputy chairman of the Confederation of Employers and Industrialists in Bulgaria / CEIBG / Prof. Nikolay Valkanov.

According to him, there are many stable laws, a good banking system and many working European funds, BTA reports.