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.
In a letter to Minister of Education Galin Tsokov, the Bulgarian Industrial Capital Association expresses concern over the state plan for admissions for the 2025-2026 academic year, in which the number of vocational classes in schools are being..
The Sofia City Prosecutor’s Office has initiated pre-trial proceedings regarding an organized criminal group for the trafficking of migrants, the prosecutor’s office has announced. Evidence was collected during the investigation regarding 16..
The number of crimes committed in the conditions of domestic violence has gone up by 54% since the beginning of the year compared to last year, the Ministry of Interior announced on International Day for the Elimination of Violence against Women. A..
According to unofficial information, the Hungarian Presidency of the Council of the EU has drafted a decision for the full admission of Bulgaria and..
The first marble statue discovered in the ancient city of Heraclea Sintica on 3 July, is probably of Lucius – grandson of Roman Emperor Octavian..
During the night, the weather will be predominantly clear and calm. There will be fog or low clouds before midday in parts of the lowlands, valleys..
Partly Cloudy
Mostly Cloudy