“Businesses are freezing investment projects,” said Tsvetan Simeonov, President of the Bulgarian Chamber of Commerce and Industry for the BNR.
“Productions have already shrunk, and there will be layoffs. The 60/40 measure did not have the best effect. It turned out that those who are working receive 100% of their salaries while those who are not working – they too receive 100% of their salaries. In the conditions of political instability, businesses are also worried about the implementation of the measures of support in the economy. What businesses fear are the numerous reports of corruption practices in Bulgaria. The companies which have already made investments have overcome this corruption barrier, but for others it is a source of stress and concern,” Tsvetan Simeonov said.
The “water meter fee” will be removed from the proposed amendments to the Water Supply and Sewerage Services Regulation Act, Minister of Regional Development and Public Works Ivan Ivanov said in an interview with bTV. According to him, the draft law..
Plovdiv Airport welcomed the first flight from Milan (Malpensa) with an official ceremony on October 26. The aircraft carried 87 passengers on the newly opened regular Plovdiv–Milan route. Plovdiv Airport now operates 21 flights per week, said the..
By mid-2026, Bulgaria should be removed from the Financial Action Task Force (FATF) “grey list” of countries with deficiencies in its anti-money laundering systems, Minister of Justice Georgi Georgiev said in an interview with public service..
By mid-2026, Bulgaria should be removed from the Financial Action Task Force (FATF) “grey list” of countries with deficiencies in its anti-money..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the..
Frol and Frosia are the newest residents of the Bear Sanctuary Belitsa, according to the Four Paws Foundation, which runs the bear sanctuary in..
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