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.
President Rumen Radev has held a working meeting with Greek Prime Minister Kyriakos Mitsotakis. In Athens, they discussed the urgent activation of work on strategic bilateral projects. At a briefing, Radev said that the liquefied..
The Atlantic Council of Bulgaria has called on all "Euro-Atlantic-oriented MPs" to support the proposed GERB-SDS cabinet. If PP - DB do not wish to vote for the proposed cabinet, they can make its formation possible by not..
Today, the National Assembly will vote on the new government proposed by GERB-SDS. On Monday, upon receiving the first exploratory mandate, the largest parliamentary force, GERB-SDS, announced the lineup of the cabinet headed by Prime..
Bulgaria’s national team of mathematics put up an excellent performance at the Junior Balkan Mathematical Olympiad. Six Bulgarian students returned from..
The first joint operation of the newly formed Mine Counter Measures Task Group Black Sea involving Bulgaria, Turkey and Romania is to take place July..
On Tuesday the weather will be sunny and hot over most of the country. Clouds will form over Western and Central Bulgaria in the afternoon and there..
Partly cloudy, chance of rain
Mostly Cloudy
sunshine, cloud, rain and thunder