Over 42% of the startup companies in Bulgaria say that they face a moderate to high risk of bankruptcy in the coming 3 months.
75% say they are afraid this may happen in the next 6 months. The survey is by the Bulgarian Startup Association and the Bulgarian Small and Medium Enterprises Promotion Agency. 2/3 of the companies expect a drop in revenues of 40% and over. 63% are planning staff cuts. 2/3 of the startups say they need rescue financing of EUR 10,000 –100,000 from banks or from the state. 1/3 are expecting government procurement contracts or tax breaks to save them.
Bulgaria's Prime Minister Rosen Zhelyazkov has invited King Charles III to visit Bulgaria again , the Council of Ministers announced. The two spoke at the royal reception organized on the occasion of the Berlin Process summit in London , which..
Legislative amendments banning individuals sanctioned under the global Magnitsky law from holding senior government or party positions will likely be submitted to Parliament as early as Thursday by the Vazrazhdane party, MP Petar Petrov told BNR...
The Renew Europe political group in the European Parliament has established a working group to examine instances in which the Bulgarian government may have acted against the rule of law. The move comes in response to what the group describes as..
Saturday will start off with lows between 6°C and 11°C, dropping to around 6°C in Sofia. Skies will brighten for a time over northern Bulgaria before..
The annual planned maintenance of Kozloduy NPP Unit 6 starts today and is expected to last until early December, the nuclear power plant has announced...
The international scientific conference “Bulgarians in the Northern Black Sea Region” will be held in Sofia on October 27 and 28, 2025 in the Institute..
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