Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Tsvetan Simeonov: Businesses without prospects should reinvent themselves instead of being supported

Photo: pixabay

“The numerous conditions  businesses have to meet to avail themselves of the government support measures during the pandemic and the cumbersome administration is what has hindered a great many firms from benefiting from them,” Tsvetan Simeonov, President of the Bulgarian Chamber of Commerce and Industry stated for the BNR’s Horizont channel. “Our administration is as yet unable to introduce e-government and everything is going terribly sluggishly and painfully.”

In Tsvetan Simeonov’s words the attention of the state has so far been on keeping the existing businesses afloat, but that is a wrong message to convey. It would be better for those that do not have good prospects in the new conditions to reinvent themselves in a new sector or a new type of activity, Tsvetan Simeonov added.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Delyan Peevski

''DPS – New Beginning'' urges that local taxes remain unchanged in 2026

“I call on all representatives of the Movement for Rights and Freedoms in local government — mayors and municipal councilors — to ensure security and predictability for the people and to take the necessary steps to keep all local taxes and fees..

published on 11/25/25 10:02 AM

Bulgaria rises in global digital quality of life ranking

Bulgaria has climbed to 11th place in this year’s Digital Quality of Life 2025 (DQL) index published by Surfshark, up from 18th last year, BTA reported. The index evaluates countries’ digital well-being across five dimensions: fixed broadband..

published on 11/25/25 9:45 AM
Todor Chobanov

Bulgaria expects the return of over 2,700 antiques from abroad

Around 90% of the antiques seized during an international operation targeting a cultural property trafficking network will be returned to Bulgaria, Deputy Minister of Culture Todor Chobanov told “Nova TV”.   “This is an unprecedented operation in..

published on 11/25/25 9:22 AM