“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.