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.
A survey by the Myara sociology agency, reported by BTA, found that 38% of Bulgarians cannot or will not vacation this summer. This was an answer given mostly by older people from small towns. Study reveals one fifth of Bulgarians live in poverty..
In an open letter to the President of the National Assembly and the chairpersons of the parliamentary groups, 12 NGOs call for the immediate election of a national Ombudsman, BNR’s Silvia Velikova reports. They write that the position of Ombudsman..
Rose picking season is starting this year with serious problems because of the prolonged cold spell, BGNES reports. The people in this line of business say they expect an extremely poor harvest, which gives rise to major financial concerns as the..
During his participation in the 20th World Meeting of Bulgarian Media in Varshets, President Rumen Radev expressed concern that prices will rise as soon..
Cash in Bulgaria exceeds BGN 30 billion. The Association of Banks in Bulgaria is urging citizens to deposit their cash before the introduction of..
“We often say that Bulgaria extends as far as there are Bulgarians. In order for these spiritual borders of Bulgaria to be vibrant and strong, there..
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