“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.
My expectations for the summer season are very good, caretaker Minister of Tourism Evtim Miloshev told Nova TV. He said that the bridge Tsarevo - Ahtopol has been restored and the bridge between Tsarevo and Vasiliko will be used..
A delegation of the International Committee of the Red Cross visited the crew of the cargo ship "Galaxy Leader", hijacked by the Yemeni Houthis on May 12, the Xinhua agency reported, quoted by BTA. There are two Bulgarians among the..
Bulgaria does not accept statements and behavior contrary to both the 2017 Treaty of Friendship, Good Neighborliness and Cooperation, as well as to other international agreements that North Macedonia has signed. President Rumen Radev..
The rearmament of the Bulgarian Air Force with F-16 Block 70 aircraft will contribute to the introduction of new technologies at the Avionams Aircraft..
Bulgaria and Vietnam will work to further deepen bilateral economic exchanges and mutual investments, President Rumen Radev and Vietnam's Minister of..
I proposed that the pensions update from July 1, 2024 be set at 11% and the Supervisory Board of the National Social Insurance Institute voted in favour..
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