Business climate in Bulgaria has worsened in October. The business sentiment indicator deteriorated in the following sectors- industry, retail trade, services, etc. Business sentiment has remained steady only in construction. All managers forecast that prices will increase within the next 3 months, the National Statistical Institute announced. This is due to the uncertain economic environment, staff shortages and insufficient domestic demand.
The overall business sentiment indicator decreased by 2.3 points in October compared to September, when it decreased by 2.4 points. In October, the average capacity utilization remained at the July level - 74.2%.
Bilateral relations between Bulgaria and Argentina have received a new impetus for development following the visit of an Argentine delegation from the Chaco province to Bulgaria at the beginning of November . High-ranking officials from the..
Employers are contesting the rise of the minimum wage. The Bulgarian Industrial Capital Association announced that they filed a complaint in the Supreme Administrative Court. About 430,000 people in the country work for minimum wage...
If the political crisis continues, the lost benefits will reach a threshold after which the Bulgarian business will begin to lose competitiveness due to growing deficits in education, healthcare, infrastructure, regional development and demographics...
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