“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 Strategic Defence Review will recommend a study on the possibility for civilians to receive military training, interim Defence Minister Atanas Zapryanov said. The latest defence report recommends urgent legislative measures to create conditions..
The Bulgarian Association of Health Care Professionals insists that the Bulgarian state should set a minimum number of nurses in each health care facility to ensure quality care for patients. The same proposal applies to midwives, rehabilitation workers,..
A rapid deterioration of the weather is expected in the mountains in the afternoon, the Mountain Rescue Service warns. The advice to hikers is to be ready to descend from high areas in the early afternoon. At the moment, the conditions for hiking are..
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..
The number of visits by foreign nationals to Bulgaria increased by 16.0% in 2023 , with visits from Turkey and Romania contributing the most. T..
+359 2 9336 661