The Ministry of Tourism has published for public discussion a draft for amendments to the Tourism Act, which introduce various protections for tourists on organized trips in the event of a tour operator's bankruptcy. The measures also include those..
Bulgaria is not in danger of bankruptcy. It is not in danger of the International Monetary Fund's intervention either . T here is no need to take out new loans, caretaker Minister of Finance Rositsa Velkova said for the BNT with regard to..
The Bulgarian cabinet has approved a draft law on the bankruptcy of persons, known as the "Personal Bankruptcy Law", announced the Minister of Justice Krum Zarkov. The texts enable bona fide debtors to free themselves from obligations beyond their..
Providing adequate treatment to Bulgarians living outside the big cities has been a challenge in recent years. Although people increasingly need healthcare, especially in the industrial areas in Stara Zagora district, where a large part of the..
Industrial poultry farming in Bulgaria is in crisis and if no urgent measures are taken, mass bankruptcies are imminent, industry representatives warn . On the one hand, the purchase prices of eggs and chicken meat are falling lower and lower, at the..
A number of educational centres, language schools and daycare centres are under threat of bankruptcy because of the order issued by the minister of health which halts in-person activities as of 29 October. Quite a few of their owners do not..
Over 42% of the startup companies in Bulgaria say that they face a moderate to high risk of bankruptcy in the coming 3 months. 75% say they are afraid this may happen in the next 6 months. The survey is by the Bulgarian Startup..
The number of Bulgarian companies which went bankrupt in 2016 was twice higher as compared to 2008 (when the world economic and financial crisis occurred), data of the Registry Agency show. According to analysts, many companies stop functioning, but..
