A survey by the Bulgarian Industrial Association (BIA) among 580 enterprises in the sphere of services and trade shows that more than 80% of them say that the 60/40 anti-crisis measure (sharing the cost of staff salaries between the state and employers) is inefficient, Dimiter Brankov, BIA Vice President said for the Bulgarian National Radio. 70% of the respondents have cut staff, 15% have reduced salaries. More than 63% of enterprises are expecting to recover within the space of one year.
In an interview for bTV economist Rumen Galabinov stated that to get back on their feet, businesses need compensatory measures such as gratuitous and unconditional aid. Gratuitous – because many of the proposals by the state are for credits, and unconditional – because not all people can qualify for the aid offered.
On Monday it will remain cloudy, in many places with rainfall. The lowest temperatures will be between 8 and 14°C. In Sofia - around 8°C. In the afternoon the precipitation will gradually start to stop from west to east and over..
The participants in the 20th World Meeting of Bulgarian Media visited the museum and the icon painting hall of the Klisura Monastery "Sts. Cyril and Methodius". Metropolitan of Vidin Pachomius welcomed the Speaker of Parliament..
The authorities in North Macedonia discriminate against Ljupco Georgievski and violate EU principles and the right to association, which is a fundamental principle of democracy. The use of the “Jewish card” in the trial against the..
May 24 united Bulgarians around the world, who marked the Day of the Holy Brothers Cyril and Methodius, the Bulgarian alphabet, education, culture, and..
The 20th World Meeting of Bulgarian Media, organised by the Bulgarian Telegraph Agency, has opened in Sofia. The event, which is being held..
Bulgarian Foreign Minister Georg Georgiev opened the first Bulgarian higher education institution outside Bulgaria in Taraclia, Moldova, the Ministry of..
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