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.
The night sky will be mostly clear and in the morning in many places in the valleys and around water basins there will be fog. During the day it will be sunny, but in the Danube Plain it will remain foggy. The lowest temperatures..
Bulgaria consistently opposes proposals to remove the requirement for unanimity in decision-making within the framework of the EU’s Common Foreign and Security Policy, Minister of Foreign Affairs Georg Georgiev said in response to a question from MP..
President Rumen Radev has vetoed the legislative amendments related to the appointment of a special commercial administrator in the Lukoil refinery in Burgas. The head of state said that the amendments undermine the legal order in..
On Wednesday, minimum temperatures will range from 4 to 9°C across the country, reaching around 2°C in Sofia. The wind will ease and fog will settle in..
The amount of the average social security income for the country for September 2025 is 962.25 EUR and the amount of the average monthly social security..
Bulgaria’s Energy Minister, Zhecho Stankov, has reassured citizens and businesses that the country’s fuel supplies are sufficient to last for an extended..
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