As Minister of Economy I did not want to see this sector closed. However, the new restrictions will last for 3 weeks only. On December 21, the business will start functioning again. We need to take into account the epidemic situation and think about peoples’ health. “A healthy economy needs healthy people”, this country’s Minister of Economy Lachezar Borisov said for BNT.
The restaurant and catering business will be closed. Trade remains open, except for the shopping malls. We will have to invest EUR 200 million to support our economy. For the time being, no extension of the moratorium on loans is planned. According to the most-pessimistic scenario, GDP loss will amount to EUR 500 million, but this can be compensated, Minister Borisov contends.
Japan's Sumitomo Electric Bordnetze plans to cease operations at one of its factories in Bulgaria, located in Mezdra, by 2025. Its second factory in Karnobat will continue to operate at reduced capacity, BTA reported. The decision comes as the company..
State-owned dairy company LB Bulgaricum will start modernising its production facility in Vidin in September. The first step will be to renovate the refrigeration units and repave the alleys leading to the workshops and the car park in..
The Minister of Innovation and Growth, Rosen Karadimov, has not given up on the idea of the Bulgarian Development Bank (BDB) granting preferential loans to those working in the public sector. In an interview with BNT, he said that..
Bulgaria has today received its first delivery of natural gas from the new Alexandroupolis terminal in Greece. The facility has been in commercial..
On October 4, 1974, the construction of the Hemus Motorway from Sofia to Varna started. Back then, the chairman of the State Council and..
2024 is the best year since tourism statistics have been in existence – revenues, accommodation, number of tourists and tourist registrations, number of..
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