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 Tuesday, the lowest temperatures will range from 17°C to 24°C, in Sofia 17°C. It will be sunny during the day, with temporary increases in cloudiness over the mountainous regions in the afternoon . The maximum temperatures will be between 37°C..
During a one-day official visit to London at the invitation of the British side, Bulgaria’s Foreign Minister Georgi Georgiev held a bilateral working meeting with the UK’s Foreign Secretary, David Lammy . The two ministers discussed the progress of, and..
A group of citizens gathered outside the Commission for Anti-Corruption (CAC)'s building to demand the resignation of Anton Slavchev , the commission's acting chair, and the body's complete abolition. The protest was organised by the civil movement Boec,..
During operation “Orient Express”, customs officers at the Kapitan Andreevo border crossing seized a record amount of 205.9 kg of..
In meetings with executives from Meta, Clean Energy Buyers Association (CEBA) and IP3 Corporation, Bulgarian Minister of Energy, Zhecho..
Two children, aged five and seven, ran away from their preschool in Sofia, prompting police involvement. The authorities were notified approximately one..
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