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.
In the first quarter of 2025, 1.1 million Bulgarian citizens made tourist trips. 75.7% of them traveled only in the country; 20% - only abroad, and 4.3% traveled both in the country and abroad, according to NSI data. Bulgarian citizens aged 45 -..
An official Bulgarian delegation, led by Deputy Prime Minister Ivaylo Zafirov, began its visit to Dushanbe, Tajikistan, with a working meeting with the Tajik Minister of Labour, Migration and Employment, Kholmahmadzoda Soleha. The three-day visit..
In a coordinated operation on 8 May, Bulgarian and Turkish authorities arrested two Bulgarian nationals for their alleged involvement in an organised migrant trafficking network operating along the so-called 'Balkan route'. This route is used by..
Household consumers will remain on the regulated electricity market for an unlimited period, said Energy Minister Zhecho Stankov at a briefing at the..
On Thursday, minimum temperatures will range from 8°C to 14°C. Around 9°C is expected in Sofia. Cloud and rain expected in western and central Bulgaria..
The Ministry of Culture is expecting UNESCO to approve, by the end of 2025, the application of the Centre for Underwater Archaeology in Sozopol as a..
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