Economic analysts expect that in 2020 the number of bankruptcies in Bulgaria will increase by 21% as compared to 2019 as a result of the Covid-19 crisis. Companies from almost all sectors are at risk of bankruptcy, especially those operating is the transport sector, the automotive industry, the tourism sector and the industry for manufacture of luxury goods.
Only the IT and the pharmaceutical sectors, where higher stability has been witnessed, are not at risk of bankruptcies. Analyses show that in 2020 businesses wait 6 days longer on average, or up to 66 days, to receive payments under signed contracts, as compared to 2019, BNR reporter Natalia Ganchovska informs.
One out of five Bulgarians has received support from the European Social Fund during the past 7 years, caretaker Minister of Social Affairs Ivaylo Ivanov said at the "Europe is with me" forum, organized by the "Human Resources..
Bulgarian Minister of Defense Atanas Zapryanov takes part in the B9 Defence Ministers Meeting, chaired by Romania and Poland. The forum takes place in Bucharest. Minister Zapryanov spoke on Tuesday evening with his Romanian..
The visit of North Macedonian President Gordana Siljanovska-Davkova was on the occasion of a cultural event - the visit of the National Opera and Ballet of North Macedonia to Sofia, and did not have the character of a state, official..
MEP Elena Yoncheva is in the city of Sanaa, Yemen, aiming to reach the port city of Hodeidah on the Red Sea. There lies the hijacked ship Galaxy Leader,..
In response to media reports that a company registered in Bulgaria supplied pagers to the Lebanese organization Hezbollah, which were subsequently..
Bulgarian Minister of Defense Atanas Zapryanov takes part in the B9 Defence Ministers Meeting, chaired by Romania and Poland. The forum..
Partly cloudy, chance of rain
Overcast, rain
Cloudy
sunshine, cloud, rain and thunder