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.
The increase in toll taxes seriously affects international carriers and all those involved in this activity in the country. Despite the meeting between representatives of carriers and the Minister of Regional Development and Public Works, Ivan Ivanov,..
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 challenges in the Balkans. King Abdullah II of Jordan visits Sofia to co-chair high-level..
The second edition of the festival of antiquity "Diocletianopolis - Crossroads of Time" will be held from April 4 to 6, 2025 in the city of Hisarya. The modern city of Hisarya arose on the ruins of the ancient Roman city of..
For the first time, the Day of the Bulgarian Canning Industry will be marked on April 3. The solemn event will take place in the..
The National Assembly is to vote the motion of no confidence in the cabinet of Rosen Zhelyazkov today. MPs discuss vote of no confidence in..
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..
Overcast, rain
sunshine, cloud, rain and thunder