“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 and Vietnam will work to further deepen bilateral economic exchanges and mutual investments, President Rumen Radev and Vietnam's Minister of Industry and Trade Nguyen Hong Dien said. Nguyen Hong Dien is also chair on the Vietnamese side of..
The Man of the Year 2023 award ceremony will be held tonight. The nominees are national basketball player Aleksandar Vezenkov, who plays in the National Basketball Association, writer Georgi Gospodinov, whose novel "Time Shelter" became the first..
An international conference "Bulgaria in the euro area, when?", devoted to the key topic of Bulgaria's accession to the euro area, the prospects and the necessary reforms for this to happen, will be held on 14 May in Sofia . Its organisers are the..
Caretaker Energy Minister Vladimir Malinov has admitted the possibility that electricity for households might rise in price from 1 July this year . The..
The 16th edition of the Specialized Agricultural Exhibition BATA AGRO will be opened today in the presence of Bulgaria's Minister of Agriculture..
The Bulgarian Association of Health Care Professionals insists that the Bulgarian state should set a minimum number of nurses in each health care facility..
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