“The recovery and resilience plan must be submitted to the European Commission because its contents can be altered afterwards but the deadline can’t,” Radosvet Radev, President of the Bulgarian Industrial Association (BIA) said in an interview with bTV.
He commented that there is a sense of mild optimism among businesses because of the mass vaccination which will lead to better working conditions. However, the economy is expected to recover no earlier than the end of 2022. According to a BIA survey, 74% of the respondents, representing businesses in the country, say that new measures are needed to assist them. As to the banking moratorium, 54% say that they will find it difficult to service their debts, 79% say they see no improvement in the economic indexes.
“At the moment an entrepreneur’s best defence is to do nothing and postpone investments,” Radosvet Radev said.
An engineering contract for the construction of new nuclear facilities at Site No. 2 of the Kozloduy NPP will be signed today with Hyundai and Westinghouse. According to caretaker Minister of Energy Vladimir Malinov, the..
Monday will be mostly sunny with scattered high clouds. The lowest temperatures will be between 0° and 5°C; in Sofia - about 1°C, and the highest will reach between 13° to 18°C; in Sofia - about 14°C. In the mountains it will..
On the first day of the 51st parliament, ITN will initiate the collection of signatures for submitting a complaint to the Constitutional Court concerning the partial cassation of the elections, party leader Slavi Trifonov announced on..
Slavi Trifonov, leader of There Is Such a People (ITN) declared he would sign the declaration of We Continue the Change/Democratic Bulgaria (PP/DB),..
Today, 3 November, is International Day for Biosphere Reserves, declared by UNESCO’s Man and the Biosphere programme. On this occasion, as of the second..
Over the next 24 hours the clouds will increase. The wind will pick up and will usher in cold air. Minimum temperatures 5-10° C., for Sofia around 5°..
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