Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria’s economy will not withstand second lockdown: Radosvet Radev

Photo: stop frame photography- BTV

Tourism, transport, culture and catering are the most affected sectors by the coronavirus crisis, Radosvet Radev, Chairman of the Bulgarian Industrial Association said for BTV. 

Radosvet Radev referred to the national statistics according to which, the companies from all sectors marked 30% decrease in their turnover. Our economy will not withstand a second lockdown, Radosvet Radev contends. In his words, a series of enterprises have made staff redundancies and reduced their volumes of work, in order to survive, but will not be able to withstand a second national quarantine.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Eurostat data shows Bulgarians have higher purchasing power than Hungarians

According to Eurostat data , in 2024 Bulgaria and Estonia ranked second to last in the EU in terms of actual individual consumption (AIC) per capita .  This important indicator of household material well-being is lowest in Hungary, at 72% of the..

published on 6/19/25 11:48 AM
Georg Georgiev

Bulgarian Foreign Minister: 'Macedonian identity and language' irrelevant to Skopje's EU integration.

'International law does not address the recognition of identities and languages, and this also applies to North Macedonia,' said Foreign Minister Georg Georgiev, quoted by BGNES. ‘Formulations such as “recognition of Macedonian identity” and..

published on 6/19/25 11:22 AM

Polish ambassador symbolically hands over EU presidency to Denmark

At a ceremony in the Bulgarian resort town of Sveti Vlas, the Polish Ambassador to Bulgaria, Maciej Szymański,  symbolically  handed over the presidency of the Council of the EU to the Danish Ambassador, Flemming Stender. Denmark will take over the..

published on 6/19/25 9:01 AM