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.
Ukrainian optimism clashes with European scepticism ahead of the NATO summit, with divisions emerging over defence spending and how the war will end. These are the conclusions of a report based on a new survey by the European Council on Foreign..
Under the program of the European Civil Protection Mechanism, 240 firefighters from 4 countries arrived in Greece to help their Greek colleagues, the Bulgarian Fire Protection Directorate has reported. Due to the high temperatures..
The newly elected Bulgarian Patriarch Daniil attended a reception at the US Embassy on the occasion of Independence Day, BGNES reported. The head of the Bulgarian Orthodox Church was invited by Ambassador Kenneth Merten to attend the..
The exhibition "The Buckles – a Universe of Signs" by the Ruse Regional Museum of History is visiting Burgas. The exposition, which will be opened today..
"It is evident that the political crisis continues and its solution requires not only putting aside personal and party interests but also requires..
Today, the National Assembly will vote on the new government proposed by GERB-SDS. On Monday, upon receiving the first exploratory mandate, the largest..
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