A drop in export by 8% and in import by 10%, a rise in the unemployment rate by 170,000 lost jobs and a growth of the external debt by 2.3 billion Leva – this is the picture of the past year of coronavirus pandemic, said Radosvet Radev, chair of the Bulgarian Industrial Association in an interview for the BNR.
In his words the withholding of investments and the drop in consumption are worrying. Radosvet Radev also predicted cascading bankruptcies of companies after April when the moratorium on credits will be lifted.
According to Krassen Stanchev from the Institute for Market Economics, large fiscal reserves were accumulated which cushioned the blow. He added that almost 1.4 million people have not been included in any support scheme as the measures were accessible to no more than “10% of the economic entities”.
Democracy is consistently perceived by a solid majority in Bulgarian society as the best form of governance. Approximately 1.5 million citizens declare their willingness to risk their personal security to protect it, according to a representative study..
The Confederation of Labor "Podkrepa" does not support the government's proposed state budget for 2026 , the union announced. As reasons, the second most important trade union in the country points out "the lack of policies and reforms to address..
The phantom ship VIVA 962 has changed at least 10 names and many owners before it surprisingly appeared near Cape Emine on November 1. The crew consists of a captain and a mechanic with Ukrainian passports from Kharkov, reports the "24 Chasa" portal...
Research ship "Sts. Cyril and Methodius" has departed from Varna after a solemn ceremony. In its fourth voyage to Antarctica the ship..
Sales of starter sets with euro coins with the Bulgarian national side will begin on December 1, 2025 , the BNB announced. They will be in circulation..
On Saturday , the lowest temperatures will be between 7 and 12°C; in Sofia - around 8°. In the morning hours visibility will be..
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