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.
On Tuesday, the lowest temperatures will range from 0°C to 5°C, higher along the Black Sea coast – between 8°C and 11°C, around 2°C in Sofia. During the day, Southwestern and Eastern Bulgaria will see scattered mid- and high-level clouds. Over the..
“Bulgaria remains a firm supporter of Ukraine’s efforts to achieve a just and lasting peace that guarantees its sovereignty and territorial integrity”, Minister of Foreign Affairs Georg Georgiev said at the opening of the 66th Session of the General..
Bulgaria will not have to bail out eurozone countries that are experiencing difficulties. This is what Lilyana Pavlova, former vice president of the European Investment Bank, told the Bulgarian National Radio. "In the contracts we..
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..
On Wednesday , the lowest temperatures will be between 3 and 8°C. In the regions with strong wind it will be up to 10-12°C. In Sofia it..
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