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.
By blocking dozens of major roads and busy intersections, today restaurateurs are to express their disagreement with the lack of dialogue with the government and the 20% VAT for the industry set in the 2025 budget. Restaurateurs from..
A Bulgarian military formation will be sent with a solemn ceremony to participate in the operational reserve forces of NATO's force in Kosovo (KFOR). The ceremony, which will be attended by the Chief of Defense Admiral Emil Eftimov,..
On Wednesday , the lowest temperatures will be between minus 6° and minus 1°C. In Sofia, it will be around minus 3°. During the day, it will be mostly sunny. There will be more significant temporary increases in cloudiness over the..
The import of manpower from non-EU countries is record high, but does not cover the needs of the business sector. Since the beginning of the year, 4,202..
Six residents of the town of Kocani from North Macedonia are traveling to the Pirogov Hospital in Sofia to donate blood. They have the rare blood type..
North Macedonia’s Minister of Health Arben Taravari and his Bulgarian counterpart Silvi Kirilov, together with the Foreign Ministers of Bulgaria and..
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