In September the business climate in industry, construction and retail trade improved, though it deteriorated significantly in the sphere of services. This means the overall index has remained unaltered compared to the previous month, indicate National Statistical Institute data. The adverse effect of the “uncertain economic environment” factor has grown stronger over the past month, pushing problems connected with competition in the branch down to second position. Another major factor restricting the development of businesses is insufficient demand. No price hikes are planned in the coming three months.
The caretaker cabinet has approved state guarantees amounting to over EUR 79 million under loan agreements with the National Electric Company for financing the investment project on the modernization and rehabilitation of Chaira Hydro Power Plant...
According to the Bulgarian Consulate General in Valencia, no Bulgarian citizens have been reported dead or injured, the press office of the Bulgarian Ministry of Foreign Affairs told the BNR. There have been no reports of Bulgarian citizens in..
“I call for restraint on the part of politicians and for a constructive dialogue because the formation of a regular and stable government, such as we all want, is in their hands,” said caretaker PM Dimitar Glavchev at the beginning of today’s..
Three Bulgarian companies have been sanctioned by the US for enabling the Russian military industry. According to the US Department of State and..
Instead of calming society, the announcement of the election results generated tensions and raised questions about how fair the elections have been,..
On Friday morning visibility will be diminished in parts of the lowlands and valleys. Minimum temperatures 5-10° C., for Sofia 6° C. During the day..
Partly Cloudy
Clear