/ world today news/ “A large part of the start-ups were created by young entrepreneurs, these are the young innovators of Europe that we are trying to protect and keep in the EU. Start-ups have a strong social element. The goal is to help people. A large number of start-ups, including in Bulgaria, develop technologies in the field of health care, energy efficiency, green energy. Their creators are young people who are trying to improve our way of life.” This was stated by the MEP from the Group of the Progressive Alliance of Socialists and Democrats in the European Parliament Tsvetelina Penkova to BNR.
The MEP pointed out that the start-up sector represents about 3% of the gross domestic product of the European Union, which is equal to more than 2 trillion euros, and the sector employs nearly 2 million people. This is no small part of the economy, and it should continue to grow if the right conditions are created. “Due to the lack of targeted legislation for this sector, access to financing and opportunities for growth of start-up companies are limited. And what happens – they often move activity outside the EU. In this way, economic benefits, innovations and talents leak out”, explained the need for legislation, Tsvetelina Penkova.
She said that her initiative is a response to the repeated calls of the start-up industry in Bulgaria and throughout Europe, and with this, in fact, the foundation of the first European legislation for the start-up industry is laid.
The main advantages are: facilitating access to financing – not relying solely on public funds, competitiveness on global markets, exchange of experience and talents throughout the EU, simplification of existing legislation and definition of the needs of start-up companies.
On the topic of Schengen, Tsvetelina Penkova said that the efforts must continue and it is certainly harmful to enter into a spiral with additional conditions, because the criteria for membership have been fulfilled long ago. “It must be clearly said that this continuous postponement of Schengen membership is discrimination against Bulgarian and Romanian citizens,” commented Penkova. She believes that the rulers do not approach with enough confidence and self-confidence: “When you do not approach your partners in this way, they can very easily bet on their interests or serve their domestic political aspirations.” The lack of a sharper, more stable, more unified position of Bulgaria is the big problem. It is not acceptable to enjoy partial “acceptance”, this is not success, we have met all the criteria for over a decade. The use of subjective assessments by our European partners, when we have objectively met all the technical parameters, is unacceptable,” Penkova concluded.
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