“Open Letter in Support of the Judicial Reform in Bulgaria”

On Friday, 22 January 2016, the President of the Italian Chamber of Commerce in Bulgaria, Mr Marco Montecchi, has joined the initiative promoted by the Bulgarian-Swiss Chamber of Commerce, regarding signing and supporting an open letter presented to Bulgarian Government, which discusses the urgent need for judicial reform, necessary to encourage foreign investment in the country and to ensure improvement in terms of employment and economic growth.

open letter -bigger ENGYou can see attached the Open Letter in English language: http://issuu.com/cameracommercio/docs/judicial_reform_letter_eng_scan

The document, signed by ten bilateral Chambers of Commerce operating in Bulgaria, was officially presented, a few hours ago, to the Prime Minister of the Republic of Bulgaria, Mr Boyko Borissov, and a copy was forwarded to: the President of the Republic of Bulgaria, Mr Rossen Plevneliev; the Deputy Prime Minister and Minister of Interior Affairs, Mrs Rumiana Bachvarova; the Deputy Prime Minister and Minister for European Policies Coordination and Institutional Affairs, Mrs Meglena Kuneva; Deputy Prime Minister and Minister for EU Funds and Economic Policy, Mr Tomislav Donchev, the Deputy Prime Minister and Minister of Labour and Social Policy, Mr Ivaylo Kalfin; the Minister of Justice, Mrs Ekaterina Zaharieva, and the President of the National Assembly, Mrs Tsetska Tsacheva.

The lack of reforms causes instability and tracks slowdowns in terms of investment in the country, causing also reserves in the new investors who would like to penetrate the Bulgarian market. The investments are a key factor for the development of Bulgaria, as well as reforms, especially in the areas of healthcare, education, infrastructure and environment. Only a reformed judicial system could ensure a continued increase in existing investments and generate new, leading to creation of new job places and more opportunities in terms of employment and creating conditions for a social improvement and finding a solution for critical demographic issues that the country is currently experiencing“.