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.
For the first time, the Bulgarian Antarctic base on Livingston Island will study in detail the pulsations in the Earth's ionosphere caused by solar storms and the activity of the solar corona. This is envisaged in the first Bulgarian polar..
The fires on the Greek border have been contained and there is no fire progressing towards Bulgaria. Clearance has been made around the areas where there are old mines left over from the wars on both sides of the border, Interior Minister Kalin Stoyanov..
MEP Ilhan Kyuchyuk of the Renew Europe Group has been elected chair of the European Parliament's Legal Affairs Committee. "Today I have been elected Chair of the Legal Affairs Committee of the European Parliament. Whenever I have been elected to..
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...
The former Bulgarian Minister of Defense Nikolay Nenchev will be temporarily in charge of the Bulgarian Embassy in Ukraine. This decision was taken by..
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