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 unilateral decision of Dzhevdet Chakarov to leave the chairmanship of DPS-DPS is a pitiful personal capitulation to Delyan Peevski (leader of DPS - New Beginning). Such actions are in sharp contrast to the moral and democratic principles on which..
Nearly 36,000 young people, including 561 from Bulgaria, will be able to travel for free across Europe thanks to their participation in the European Commission's DiscoverEU initiative. The trips must take place between 1 July 2025 and 30 September..
Bulgaria’s accession to the United States Visa Waiver Program is a strategic priority for the Bulgarian government , Tourism Minister Miroslav Borshosh announced at the opening of an information event focused on visa procedures aimed at expanding tourism..
Students of medicine, young doctors and medical specialists from six towns – Sofia, Plovdiv, Pleven, Burgas, Varna and Stara Zagora – are staging..
Household consumers will remain on the regulated electricity market for an unlimited period, said Energy Minister Zhecho Stankov at a briefing at the..
Rose picking season is starting this year with serious problems because of the prolonged cold spell, BGNES reports. The people in this line of..
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