Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Tsvetan Simeonov: Businesses without prospects should reinvent themselves instead of being supported

Photo: pixabay

“The numerous conditions  businesses have to meet to avail themselves of the government support measures during the pandemic and the cumbersome administration is what has hindered a great many firms from benefiting from them,” Tsvetan Simeonov, President of the Bulgarian Chamber of Commerce and Industry stated for the BNR’s Horizont channel. “Our administration is as yet unable to introduce e-government and everything is going terribly sluggishly and painfully.”

In Tsvetan Simeonov’s words the attention of the state has so far been on keeping the existing businesses afloat, but that is a wrong message to convey. It would be better for those that do not have good prospects in the new conditions to reinvent themselves in a new sector or a new type of activity, Tsvetan Simeonov added.




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

Over 7 thousand Bulgarians live in Albania

The Bulgarian population in Albania is 7,057 people - 3,691 men and 3,366 women. This is clear from the announcement of the National Statistical Institute INSTAT, quoted by BGNES.  This puts the Bulgarian community in third place in terms of..

published on 6/28/24 4:55 PM

President to hand first cabinet mandate on Monday, July 1

On Monday, July 1, President Rumen Radev will hand the first exploratory mandate to form a government to the largest parliamentary group - GERB- SDS. The coalition's nominee for prime minister will have seven days to propose to the president the..

published on 6/28/24 2:57 PM
Kalin Stoyanov announces the news from the parliamentary rostrum, 28 June 2024.

Interpol red list drug lord Brendo hiding in Bulgaria since 2022

Infamous drug kingpin Brendo, on Interpol's red list since 2018, has been hiding in Bulgaria for two years.  This was announced in Parliament by caretaker Interior Minister Kalin Stoyanov.   Evelin (Brendo) Banev, who turned himself in at Sofia..

published on 6/28/24 2:31 PM