SOFIA. – Armenia, Georgia and Bulgaria offer the best opportunities for setting up a business in the Black Sea region, expert at Regional Agency for Entrepreneurship and Innovations Ivelina Nesterova said quoting International Greek Business Association research, Radio FOCUS – Varna reports.

The research was presented at Black Sea - a network of cooperation international conference, held in Thessaloniki, Greece.

The list included six categories according to Nesterova, relaxing the start of setting up a business, simplification of getting credits, protection of investors, simplification of taxes, relaxation of international trade and protection of contracts.

According to those categories Armenia and Georgia offer the best opportunities for setting up a business, Bulgaria is the third, while Ukraine and Russia are the last in the list to offer better opportunities.