The business climate in Bulgaria has deteriorated in 2018. This was stated by the chairman of the Bulgarian Industrial Association Radosvet Radev, referring to the results of a poll, in which 740 companies took part. 49% of respondents reported a slowdown in their development and a 26% reported worsening of the business environment this year compared to 2017. Just 24% of respondents say 2018 was successful for their business. 58% of entrepreneurs believe that corruption, regulatory burden and gray economy in Bulgaria are growing.
In 2019, 1/3 of Bulgarian entrepreneurs expect growth in the economy. Compared to a year earlier, optimists are down by 5%. Business intentions in 2019 are mainly about developing new products and searching for new markets, which will affect employers' plans to hire new workers and raise wages. At this backdrop, 68% of companies intend to raise employees' salaries.
The Bulgarian Academy of Sciences and the Municipality of Sofia are hosting a scientific conference on "Climate Risks in the Black Sea Region", which is held on July 25 and 27. Internationally recognized scientists from Bulgaria and..
The Bulgarian Orthodox church marks the assumption of St. Anna – the saint who gave birth to Maria, the future mother of Jesus Christ. Christians in Bulgaria mark Day of St. Anne - patron of motherhood St. Anna is considered to be the..
On Thursday , a cold front with clouds and precipitation will pass over the country. There will be short-term intense rainfalls with thunderstorms and hail. The lowest temperatures will be between 16 and 22°C; in Sofia - about 16°C...
The best Bulgarian students in mathematics have won 5 medals by participating in the most prestigious mathematics competition in the world for 2024. At..
There are no active wildfires on the territory of Bulgaria, said caretaker Prime Minister Dimitar Glavchev at the start of the government meeting...
Bulgarians drive more than their Balkan neighbours, averaging more than 21 000 km per year, according to a survey by CarVertical , reported by BGNES...
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