“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.
After the elections, GERB will not negotiate for a new government with the co-chairmen of "We Continue the Change" Kiril Petkov and Asen Vassilev, as well as with the former prime minister Nikolay Denkov, but would accept some of the..
The co-chairman of PP-DB Kiril Petkov defined entering into a joint government with GERB-SDS as a "big mistake". "We did not realize how dependent Borisov was on Peevski," he told BNR. The goal for the PP-DB is to shed light..
Voters in the EU countries will be able to vote for candidates for both the Bulgarian and the European Parliament, while those outside the EU will only elect MPs for the Bulgarian National Assembly as in the polling stations there..
Ground forces military personnel destroyed an unexploded ordnance found yesterday in Vazrazhdane residential area of Sofia, the press service of the..
On Sunday the weather will be predominantly sunny, with cumulus clouds forming in the East in the afternoon though there is a slim chance of rain...
Conditions for mountain hiking are good until midday, with the exception of the Balkan Range, where there will be fog and rain, the Mountain Rescue..
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