If the political crisis continues, the lost benefits will reach a threshold after which the Bulgarian business will begin to lose competitiveness due to growing deficits in education, healthcare, infrastructure, regional development and demographics. This was what President Rumen Radev said at the ceremony for announcing the winners of the 17th edition of "Manager of the Year" competition.
President Radev presented the award to Jesus Caballero, CEO of SOF Connect, which is the operator of Sofia Airport. Jesus Caballero said this was the best recognition for his team. "I have a vision to turn Sofia Airport into a regional hub and the first five-star airport in Europe," Caballero said and pointed out that with a capacity of 20 million passengers per year, after the completion of Terminal 3, it will be the airport with the largest capacity in the Balkans.
Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association (BICA) at a press conference held jointly with trade unions. Those who cannot pass on the increase in..
Bulgarian exports are expected to grow by 5.8% annually after Bulgaria joins the eurozone. Trade in goods could increase by 3.3%, and in the services sector, growth might reach 8.4%. This is predicted by an analysis by the trade credit insurance..
In 11 district cities in Bulgaria, 1 square meter of residential space costs under EUR 1,000. In 13 district cities, the price ranges from EUR 1,000 to EUR 1,400. In Sofia and Varna, 1 square meter of residential space costs EUR 2,400, National Real..
Bulgaria’s Minister of Finance Temenuzhka Petkova said that the turnover of large retail chains in Bulgaria decreased by 28.8% on the day of the boycott..
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