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.
I have spoken many times with Minister of Foreign Affairs of North Macedonia Timčo Mucunski. He knows our position very well. His role is to convince his own government to abide by the 2022 consensus. This was what Bulgarian Foreign..
Bulgaria welcomes the consistent efforts of the US and President Donald Trump to establish a just and lasting peace in Ukraine, the Council of Ministers wrote on the government's Facebook page. The final terms of a future peace..
On Saturday , the lowest temperatures will be between 9 and 14°C; in Sofia - it will be around 9°C. In the morning there will be fog and poor visibility in the valleys and fields in Western Bulgaria. During the day there will be..
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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