The number of Bulgarian companies which went bankrupt in 2016 was twice higher as compared to 2008 (when the world economic and financial crisis occurred), data of the Registry Agency show. According to analysts, many companies stop functioning, but don’t declare insolvency due to the heavy bankruptcy procedures. People without or with low qualification and skills are at risk of losing their jobs the most. According to forecasts, in 2017 employers will mainly look to hire experts and the number of long-term unemployed will continue to increase.
A list of over 10 unfair trade practices that must be stopped will be handed over to representatives of all parliamentary groups. Among them are high mark-ups, hidden fees of retail chains, inequality between Bulgarian and imported..
In Plovdiv, experts discuss issues of the food industry, in accordance with the most up-to-date requirements of the Bulgarian and European regulatory framework. The Union of Food Industry is the organizer of the 14th National Scientific and Practical..
On Friday, the minimum temperatures in Bulgaria will be between - 20°C and - 5°C. In Sofia, it will be around minus 13°C. During the day, it will be mostly sunny. There will be a weak, in the eastern regions to moderate wind from the..
A serious train crash involving a train owned by the Bulgarian company PIMK has occurred near Craiova, Romania. According to initial information, the..
BNB Governor Dimitar Radev will sign the request for an extraordinary convergence report on the fulfillment of the criteria for eurozone membership. This..
With various events throughout the country Bulgarians are marking 152 years after the death of the Apostle of Bulgarian Freedom Vasil Levski. Today, at..
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