“The recovery and resilience plan must be submitted to the European Commission because its contents can be altered afterwards but the deadline can’t,” Radosvet Radev, President of the Bulgarian Industrial Association (BIA) said in an interview with bTV.
He commented that there is a sense of mild optimism among businesses because of the mass vaccination which will lead to better working conditions. However, the economy is expected to recover no earlier than the end of 2022. According to a BIA survey, 74% of the respondents, representing businesses in the country, say that new measures are needed to assist them. As to the banking moratorium, 54% say that they will find it difficult to service their debts, 79% say they see no improvement in the economic indexes.
“At the moment an entrepreneur’s best defence is to do nothing and postpone investments,” Radosvet Radev said.
Precipitation will stop by Thursday night and the weather will be clear on Friday morning. There will be light northwesterly winds in the eastern parts of the country. The weather will be calm in the rest of the country. It will be mostly sunny..
Nearly 60% of parents pay for private tutoring for their children. The main reason why students have to take extra lessons is poor-quality preparation at school, which is not sufficient for applying for high school or university. This is shown by a..
The Movement for Rights and Freedoms (DPS) will immediately return the second government- forming mandate , DPS Co-chairman Delyan Peevski told journalists. He added that the country is heading towards new elections. "The second mandate..
The exhibition "The Buckles – a Universe of Signs" by the Ruse Regional Museum of History is visiting Burgas. The exposition, which will be opened today..
"It is evident that the political crisis continues and its solution requires not only putting aside personal and party interests but also requires..
Today, the National Assembly will vote on the new government proposed by GERB-SDS. On Monday, upon receiving the first exploratory mandate, the largest..
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