A survey by the Bulgarian Industrial Association (BIA) among 580 enterprises in the sphere of services and trade shows that more than 80% of them say that the 60/40 anti-crisis measure (sharing the cost of staff salaries between the state and employers) is inefficient, Dimiter Brankov, BIA Vice President said for the Bulgarian National Radio. 70% of the respondents have cut staff, 15% have reduced salaries. More than 63% of enterprises are expecting to recover within the space of one year.
In an interview for bTV economist Rumen Galabinov stated that to get back on their feet, businesses need compensatory measures such as gratuitous and unconditional aid. Gratuitous – because many of the proposals by the state are for credits, and unconditional – because not all people can qualify for the aid offered.
Bulgarian-born scientist Dr Ellie Hadjhiyska Schmelzer is leading a team working on NASA’s Transiting Exoplanet Survey Satellite (TESS) mission, a space project dedicated to identifying planets outside the Solar System, BTA reported. Hadjhiyska..
Bulgaria lacks a coherent national policy on refugees despite continued migrant flows , Vice President Iliana Iotova said on Wednesday, calling for a lead institution to coordinate integration efforts. Speaking at a roundtable event on the..
Bulgarian and Chinese researchers discussed scientific cooperation at a forum in Sofia on Friday, attended by representatives of the Bulgarian Academy of Sciences (BAS), government officials, economists and public figures. Organised jointly by the BAS..
Bulgaria will not have to bail out eurozone countries that are experiencing difficulties. This is what Lilyana Pavlova, former vice..
Two billion euros in additional state guarantees and a concession of the Bulgarian Sports Totalizator are part of changes to the draft..
Bulgarian and Chinese researchers discussed scientific cooperation at a forum in Sofia on Friday, attended by representatives of the Bulgarian Academy of..
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