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 is represented with its own stand at the 4th China-CEEC Expo & International Consumer Goods Fair, which is being held from May 22 to 25. "The interest of Chinese consumers in Bulgarian products is undeniable. Yogurt,..
The Council of Ministers has adopted a decision to relieve Ms. Elka Rouskov from her duties as Honorary Consular Officer of Bulgaria with headquarters in the city of Seattle and with a consular district covering the territory of the..
The majority of the so-called "locals" (participants in youth gangs that have sprung up in the country in recent years) have already been identified and work is being done with their parents, Minister of Interior Daniel Mitov said...
Banking services in Bulgaria are among the most accessible in the EU, according to an analysis by the Association of Banks in Bulgaria . According to it,..
In recent years, Bulgaria has been collecting and processing 15,000 tons of herbs annually . Nearly 90% of them are exported. More than 200 herbs are..
The Trade Union of Bulgarian Medical Specialists has declared readiness for protest actions and an effective strike, according to a statement published..
Partly cloudy, chance of rain
sunshine, cloud, rain and thunder