“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.
The Bulgarian Electricity System Operator and the US Trade and Development Agency may cooperate in the implementation of the study activities for the East-West Energy Corridor , which would connect the operators of Turkey, Bulgaria, North Macedonia,..
Bulgarian harpist Prof. Suzanna Klincharova will donate all her works to the US Library of Congress, which makes her the first Bulgarian musician to make such a donation, the Bulgarian Embassy in Washington announced on Facebook. In..
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..
Bulgaria and Vietnam will work to further deepen bilateral economic exchanges and mutual investments, President Rumen Radev and Vietnam's Minister of..
In the beginning of next week - May 20, all Bulgarian state universities and some private universities will not open their doors as a warning. This..
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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