A survey by the Bulgarian Industrial Association (BIA) among 580 enterprises in the sphere of services and trade shows that more than 80% of them say that the 60/40 anti-crisis measure (sharing the cost of staff salaries between the state and employers) is inefficient, Dimiter Brankov, BIA Vice President said for the Bulgarian National Radio. 70% of the respondents have cut staff, 15% have reduced salaries. More than 63% of enterprises are expecting to recover within the space of one year.
In an interview for bTV economist Rumen Galabinov stated that to get back on their feet, businesses need compensatory measures such as gratuitous and unconditional aid. Gratuitous – because many of the proposals by the state are for credits, and unconditional – because not all people can qualify for the aid offered.
Against the background of protests in different towns across the country against the “war on the roads”, the poor condition of roads, corruption in public procurement and flawed road repairs, Minister of Interior Daniel Mitov has ordered a..
Ways to improve the positions of the sides to the contract between Bulgaria’s Bulgargaz, Bulgartransgaz and Türkiye’s BOTAŞ will be discussed until 2 May. Agreement on this was reached in Baku, Azerbaijan, by Bulgaria’s Minister of Energy Zhecho..
A wave of outrage is sweeping over Bulgaria after a severe accident on the Telish-Radomirtsi road (Pleven region), in which 12-year old Siyana lost her life as she was returning from a holiday with her grandparents. A protest is scheduled for today..
The President of Bulgaria, Rumen Radev, and the King of Jordan, Abdullah II, are hosting the Aqaba Process Summit, which focuses on the Balkans and brings..
Bulgarian President Rumen Radev and Jordan's King Abdullah II will be hosting a high-level meeting under the Aqaba Process initiative, focusing on security..
It is 21 years today since the tragedy in the River Lim on the border between Serbia and Montenegro, in which 12 Bulgarian children were killed. On..
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