“Businesses are freezing investment projects,” said Tsvetan Simeonov, President of the Bulgarian Chamber of Commerce and Industry for the BNR.
“Productions have already shrunk, and there will be layoffs. The 60/40 measure did not have the best effect. It turned out that those who are working receive 100% of their salaries while those who are not working – they too receive 100% of their salaries. In the conditions of political instability, businesses are also worried about the implementation of the measures of support in the economy. What businesses fear are the numerous reports of corruption practices in Bulgaria. The companies which have already made investments have overcome this corruption barrier, but for others it is a source of stress and concern,” Tsvetan Simeonov said.
Bulgaria's President Rumen Radev has started consultations with the candidates for caretaker prime minister. President Radev hands ITN the third cabinet-forming mandate, they hand it back to him unfulfilled Under the constitutional changes from..
53% of Internet users in Bulgaria (over 2,800,000 people) are online shoppers , while in 2018-2019 they were a third of this figure. The Covid-19 pandemic gave a big boost to e-commerce in Bulgaria. This was announced by Janet Naydenova from the..
There Is Such a People (ITN) thanked President Rumen Radev for placing his trust in them, and handed the third and last mandate for forming a cabinet back to him unfulfilled. Nikolay Denkov, PP-DB: It is up to the Bulgarian citizens to..
The European Commission has closed the investigation of a public procurement for the supply of Chinese trains to Bulgaria. This happened after the..
''We will return the government-forming mandate unfulfilled'', We Continue the Change-Democratic Bulgaria Co-chairman Kiril Petkov said for bTV...
The three regions in the European Union with the highest standardised death rate in 2021 were all in Bulgaria, EU statistics agency Eurostat said. In..
+359 2 9336 661