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.
Bulgaria’s first honorary consulate in Norway was officially inaugurated on October 24, 2025, in the city of Stavanger, the Embassy of Bulgaria in Oslo announced on Facebook. Following the performance of the national anthems of Bulgaria and..
Frol and Frosia are the newest residents of the Bear Sanctuary Belitsa, according to the Four Paws Foundation, which runs the bear sanctuary in cooperation with Foundation Brigitte Bardot. The seven-year-old Frol and Frosia come from Bear Sanctuary..
The “water meter fee” will be removed from the proposed amendments to the Water Supply and Sewerage Services Regulation Act, Minister of Regional Development and Public Works Ivan Ivanov said in an interview with bTV. According to him, the draft law..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the..
Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code ,..
Bulgaria’s Vertical Gas Corridor project is on track for completion by the end of 2026 , according to Energy Minister Zhecho Stankov, who stressed that..
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