2020 has been an incredibly trying year for businesses and the public. Nevertheless, Sylvia Pavlova’s company managed to keep afloat and maintain its positions on the markets of more than 30 countries in Europe and the world. During her..
Measures for micro and small enterprises to counter the effects of Covid-19 will be financed with 156 million BGN (about 80 million euros), the government has decided. The procedure for selection of candidates will be carried out by the Ministry of..
40 percent of employers have introduced partial or full distance work in almost all sectors, according to the annual survey of the Bulgarian Industrial Association. According to research, communicating over the Internet makes employees more tired than..
The outgoing 2020 was not very good in economic terms, but fortunately the crisis provoked by the Covid-19 pandemic did not reach the scale of the world financial crisis form the period 2008-2009. Banks around the globe and in Bulgaria entered..
The Bulgarian Hotel and Restaurant Association said that proposed economic and social measures to support companies closed due to the pandemic were inefficient and insufficient. "If we do not see cabinet's will for change and real help for business, our..
In their letters to Prime Minister Boyko Borissov, various professional organizations representing industries that would be affected by a possible second lockdown have asked the government for economic measures to help them survive. Otherwise, mass..
Bulgarian business knows that in order to preserve the lives and health of citizens, it is necessary to take restrictive measures, which are to be introduced on November 27. This written in the position of the Bulgarian Industrial Association, specifying..
Fiscal buffers allow Bulgaria to go through the crisis , Radosvet Radev, chairman of the Bulgarian Industrial Association (BIA), has told BNR. According to him, this will probably be reflected in the budget for 2021. He also said that any measure in..
The funds under the European Commission’s initiative React EU for the fight against Covid-19 and the economic crisis in Bulgaria will be allocated in two directions. This became clear after the meeting of Minister Lachezar Borisov with the trade..
The EC has given its approval to Bulgaria to support medium-sized business affected by Covid-19 with 102m euros. A statement from the European Commission reads that the measure was necessary, appropriate and proportionate. Part of the financing (87..
