Forbes' List of Best Countries for Business: Croatia 47th, Bulgaria, Turkey and Romania behind

Bulgaria outpaces Romania in the 2012 edition of the Best Countries for Business ranking of Forbes. Out of a total of 141 countries, Bulgaria ranks 49th, between Saudi Arabia (48th) and Georgia (50th). Bulgaria is also preceded by Hungary and Croatia, which rank 46th and 47th,...
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Forbes' List of Best Countries for Business: Croatia 47th, Bulgaria, Turkey and Romania behind



Balkans.com Business News Correspondent - 19.11.2012

Bulgaria outpaces Romania in the 2012 edition of the Best Countries for Business ranking of Forbes. Out of a total of 141 countries, Bulgaria ranks 49th, between Saudi Arabia (48th) and Georgia (50th). Bulgaria is also preceded by Hungary and Croatia, which rank 46th and 47th, respectively. Turkey is 52nd on Forbes'2012 list of Best Countries for Business, while Romania is 60th.

Forbes develops the ranking by grading 141 countries on 11 different factors: property rights, innovation, taxes, technology, corruption, freedom (personal, trade and monetary), red tape, investor protection and stock market performance, Novinite reports.

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