According to estimates of the Bulgarian Industrial Capital Association, the national economy is to lose between EUR 150 million and EUR 200 million in 2016 due to the long holidays. The employers calculate that due to the mergers of the holidays and the working days between Easter and St George’s Day, as well as around May 24 (The Day of Culture and Slavic Script), there are 18 working days and 13 holidays this month. Only 8% of the Bulgarian companies, mainly in the transport and tourism field, are to benefit from the long holidays. However, the rest of the industry is to experience difficulties, because after the holidays they have to put additional pressure to their employees, in order to meet their targets. Even if shops are open throughout the holidays, the employers are to incur losses, because most of their clients spend the holidays outside the cities. Meanwhile, the companies abroad are functioning at full capacity, the Bulgarian employers complain.
In 11 district cities in Bulgaria, 1 square meter of residential space costs under EUR 1,000. In 13 district cities, the price ranges from EUR 1,000 to EUR 1,400. In Sofia and Varna, 1 square meter of residential space costs EUR 2,400, National Real..
On the last day of last year, the Egyptian Minister of Investment and Foreign Trade Hassan al-Khatib awarded a total of nine gold licenses at a ceremony at the General Agency for Investment and Free Zones, which was also attended by the Bulgarian..
Based on preliminary data, the Finance Ministry expects a deficit of around BGN 6.1 billion ( €3.11 billion), or 3% of the projected gross domestic product (GDP), at the end of 2024. "Estimates suggest that the deficit will show an improvement..
A concession award procedure for Plovdiv Airport is planned, Deputy Premier and Minister of Transport and Communications Grozdan Karadjov said at a..
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