site.btaBulgaria's Future Eurozone Membership to Boost Investments, Business Opportunities, Says Financial Supervision Commission Chair

Bulgaria's future Eurozone membership, which is a matter of when rather than if, will lead to more investments and business opportunities both in the financial sector and beyond, said Financial Supervision Commission Chairperson Boyko Atanasov. He was speaking at the opening of the 13th edition of the Investor Finance Forum 2024, held at Sofia's Inter Expo Center on Thursday. The event is organized by Investor Media Group and brings together experts from the banking, financial and fintech sectors, capital markets, stock exchanges, and regulators.

Atanasov emphasized the importance of investments as a driver of the economy and highlighted two key factors that, in his view, are crucial for attracting foreign investors to Bulgaria.

According to him, the faster the country adopts ESG (environmental, social, and governance) criteria as a standard for investment decisions, the sooner the investments will come. He also stressed the importance of following the corporate governance principles of the Organisation for Economic Cooperation and Development.

Atanasov explained that these two factors build trust, sustainability and growth potential, as they are recognized by the international community and investors who are eager to invest in such companies.

Additionally, he noted the growing role of the Bulgarian Stock Exchange, which, according to him, has become "highly innovative and creative" in recent times.