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.
An elderly Israeli woman of Bulgarian descent was killed in an Iranian attack on a residential building in the Israeli city of Bat Yam , according to BNR’s correspondents in Israel, Fenya and Iskra Dekalo. Although the Bulgarian Ministry of Foreign..
''Europe needs courageous leaders who can make difficult but strategic decisions'', National Assembly Speaker Natalia Kiselova said during the Green Transition Forum in Sofia, reported BTA. She called on the Balkan countries to be drivers of..
"There is a concrete plan for the evacuation of Bulgarian citizens from Israel, but we are waiting for the optimal moment", Prime Minister Rosen Zhelyazkov told journalists in the town of Simitli (Southwestern Bulgaria). Air evacuation from..
''The safe evacuation of Bulgarian citizens from the affected countries is a priority. Currently, there are Bulgarian nationals in Israel who must be..
Monthly inflation for May is 0.0%, while annual inflation is 3.7%, announced by the National Statistical Institute (NSI). Cumulative inflation, as..
Green Transition Forum 5.0 , dedicated to green innovation and sustainable development in Central and Eastern Europe, is taking place at Sofia Event..
Partly Cloudy
Clear
Mostly Cloudy
Partly cloudy, chance of rain