A drop in export by 8% and in import by 10%, a rise in the unemployment rate by 170,000 lost jobs and a growth of the external debt by 2.3 billion Leva – this is the picture of the past year of coronavirus pandemic, said Radosvet Radev, chair of the Bulgarian Industrial Association in an interview for the BNR.
In his words the withholding of investments and the drop in consumption are worrying. Radosvet Radev also predicted cascading bankruptcies of companies after April when the moratorium on credits will be lifted.
According to Krassen Stanchev from the Institute for Market Economics, large fiscal reserves were accumulated which cushioned the blow. He added that almost 1.4 million people have not been included in any support scheme as the measures were accessible to no more than “10% of the economic entities”.
In 63 polling stations out of a total of 11 626 polling stations that should have been equipped with CCT V, there was no live video feed and recording of the 27 October snap elections. This was announced by the deputy chairperson and spokesperson of the..
Over 1/3 of the cases of African swine fever among wild boars in Europe have been registered in Bulgaria , the Association of Pig Breeders reports. In the last week of October, 201 cases of the disease among wild boars were detected..
The leader of "DPS-New Beginning" Delyan Peevski has called on the caretaker government and all responsible institutions, including the parliament, to give MEP Elena Yoncheva a mandate to negotiate for the release of the captured..
For the first time in recent election history, the end election result leaves a party running in the election outside the National Assembly with a..
Acting Energy Minister Vladimir Malinov told a briefing that neither he nor the Energy Ministry had any information about the sale of Lukoil Neftohim..
Metallurgy, heavy and mining industry are an irrevocable part of the full-fledged economic development of Europe. This was stated by Bulgarian President..
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