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 Association and the Bulgarian Small and Medium Enterprises Promotion Agency. 2/3 of the companies expect a drop in revenues of 40% and over. 63% are planning staff cuts. 2/3 of the startups say they need rescue financing of EUR 10,000 –100,000 from banks or from the state. 1/3 are expecting government procurement contracts or tax breaks to save them.
On Thursday, it will be mostly sunny with scattered high clouds. In the afternoon, cumulus clouds will develop mainly over Western Bulgaria, with a chance of isolated showers. There will be a light easterly and northeasterly wind. There will be a..
35-year-old Hristina, who suffered the most severe injuries in the tragic ATV accident in the Bulgarian resort of Sunny Beach, has died in hospital. The tragic news was shared on social networks. Her son, 4-year-old Martin, who was also hit in the..
Bulgaria’s parliament has instructed the government to set up a National Water Board within two weeks to coordinate the work of various institutions in tackling the country’s water crisis and preventing future shortages. During the discussions, it..
The aircraft, carrying Commission President Ursula von der Leyen to Bulgaria on Sunday, circled Plovdiv airport for an hour and a half before landing, said..
The government’s Eurozone campaign is not propaganda, Minister of Finance Temenuzhka Petkova told journalists in Burgas, where the national information..
"The tax and social security burden will not increase." Prime Minister Rosen Zhelyazkov made this statement to journalists in Burgas, refuting rumors..
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