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Angela Merkel was in Sofia yesterday to meet with he German Bulgarian Chamber of Industry and Commerce. During the meeting they discussed the chambers plans for increasing by 100% the German investments in Bulgaria and the also doubling the bilateral trade by the year 2015.
Merkel was the main speaker at the event, which was attended by over 350 delegates,made up of German businessmen and representatives from several Bulgarian ministries including the Bulgarian prime minister Borrisov.
The 2015 Action Plan lists several approaches to increase the number of Germans investing in Bulgaria and also Bulgarian trade with Germany. Germany is currently Bulgaria’s largest trading partner.
The details of the plan call for changes in legislation and improvements in the education and training of Bulgarian specialists. Several courses based around the German education system and their strong apprenticeship system will help the Bulgarian investments.
Prime Minister Merkel has discussed the increased interest amongst German businesses in investing in Bulgaria. in particular she commented that over 5200 German companies are currently active in the Bulgarian economy, and that this i significant source of employment for Bulgarians.