Business climate in Bulgaria has deteriorated in July, data of the Bulgarian National Statistical Institute shows. A more unfavorable business climate was registered in construction, trade and service sector. Retail prices and prices of services in that country are not expected to change significantly in the next three months, business representatives of those sectors forecast. Although a slowdown has been registered in construction, entrepreneurs are more optimistic about the development of that sector in the coming months. Better business climate has been registered in industry only. In July this year Industrial prices have declined as compared to the previous month, yet a 3% price increase was registered year on year.
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..
Matan Angrest, who holds Bulgarian and Israeli citizenship, was among the twenty hostages released by Hamas in the Gaza Strip , the Israeli Ministry of..
Education Minister Krasimir Valchev is set to propose a public debate on banning social media for children under 15, reports BNR correspondent Nezabravka..
An initiative committee led by the historian Georgi Markov, has proposed that a monument to Khan Asparuh, the founder of the Bulgarian state, be erected..
Mostly Cloudy
Cloudy
Overcast, rain