Economic analysts expect that in 2020 the number of bankruptcies in Bulgaria will increase by 21% as compared to 2019 as a result of the Covid-19 crisis. Companies from almost all sectors are at risk of bankruptcy, especially those operating is the transport sector, the automotive industry, the tourism sector and the industry for manufacture of luxury goods.
Only the IT and the pharmaceutical sectors, where higher stability has been witnessed, are not at risk of bankruptcies. Analyses show that in 2020 businesses wait 6 days longer on average, or up to 66 days, to receive payments under signed contracts, as compared to 2019, BNR reporter Natalia Ganchovska informs.
There are no significant changes in the human rights situation in Bulgaria, according to the report on human rights in the world in 2024 by the US Department of State. Significant human rights issues included credible reports of..
We implement policies, we do not engage in gossip, said Prime Minister Rosen Zhelyazkov at the opening of the government meeting. He called on the parliament to restore the constitutionally prescribed normal functioning of cooperation between..
The Bulgarian government will create a centralized structure to manage the creation and implementation of a unified brand Bulgaria in order to raise the country’s international image. This is stated in the adopted legislative program of the Council of..
On Wednesday, minimum temperatures will range from 18 to 23°C , in Sofia – 18°. It will be a sunny and hot day, with a yellow heat warning in place..
The number of companies requesting licenses for weapons-related activities from the Commission for Export Control and Non-Proliferation..
Bulgarian citizens with criminal charges will be deported from the UK without the right to appeal the decision before expulsion . Bulgaria is among 15..
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