Fiscal buffers allow Bulgaria to go through the crisis, Radosvet Radev, chairman of the Bulgarian Industrial Association (BIA), has told BNR. According to him, this will probably be reflected in the budget for 2021. He also said that any measure in support of business was welcome and that the only successful one in this country was the one for micro and small enterprises.
According to him, after the beginning of the coronavirus crisis about 300 million euros have been invested as anti-crisis measures.
Radosvet Radev agreed with IMF President Kristalina Georgieva that the countries that take care to preserve their economies would be the big winners after the coronavirus crisis.
The ruling GERB party claimed that employers are in favour of a higher VAT rate, but employer organisations denied this, insisting that no such proposal had ever been made. This clarification followed a meeting between GERB leader Boyko Borissov..
Ninety participants representing 57 Bulgarian folklore ensembles from across Europe and North America gathered in Sofia for their fourth Creative Meeting and Seminar. The event was highly constructive, featuring useful workshops and guest lecturers...
The European Commission has disbursed €438.6 million to Bulgaria as part of the second payment under the Recovery and Resilience Facility (RRF). On 3 October 2025, the Commission partially approved the payment, stating that Bulgaria "still needs to..
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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