In September the business climate in industry, construction and retail trade improved, though it deteriorated significantly in the sphere of services. This means the overall index has remained unaltered compared to the previous month, indicate National Statistical Institute data. The adverse effect of the “uncertain economic environment” factor has grown stronger over the past month, pushing problems connected with competition in the branch down to second position. Another major factor restricting the development of businesses is insufficient demand. No price hikes are planned in the coming three months.
On a proposal by the Council of Ministers, the heads of the State Intelligence Agency and the State Agency Technical Operations will, from now on, be elected by the National Assembly, BNR’s Maria Fileva reports. This means the president’s powers..
Three new electric locomotives Siemens Smartron are entering service as of today, Transport Minister Grozdan Karadjov has announced. Two of them will be running along the Sofia-Burgas line, and one – along the Sofia-Russe line. The new..
Prime Minister Rosen Zhelyazkov, Minister of Agriculture Georgi Tahov and Commissioner for Agriculture and Food Christophe Hansen inaugurated the reconstructed main irrigation canal Trakiets near Konush village. The reconstruction increases..
The main political war being waged in Bulgaria is related to the geopolitical orientation of the country in the future. This was what Prime Minister Rosen..
The crew of a cargo ship sailing under the flag of Cameroon with 10 Ukrainian sailors on board was rescued in an operation led by the..
There is no declared investor interest from a potential buyer and no negotiations for the sale of "Lukoil Neftochim Burgas". This was..
Cloudy
Mostly Cloudy