Over 42% of the startup companies in Bulgaria say that they face a moderate to high risk of bankruptcy in the coming 3 months.
75% say they are afraid this may happen in the next 6 months. The survey is by the Bulgarian Startup Association and the Bulgarian Small and Medium Enterprises Promotion Agency. 2/3 of the companies expect a drop in revenues of 40% and over. 63% are planning staff cuts. 2/3 of the startups say they need rescue financing of EUR 10,000 –100,000 from banks or from the state. 1/3 are expecting government procurement contracts or tax breaks to save them.
The formation of the next aid package for Ukraine is at the final stage and it can be submitted to the Council of Ministers today, said caretaker Minister of Defense Atanas Zapryanov, who participated in a conference on the occasion of..
The return of the second mandate was not unexpected, deputy chairman of the BSP Kristian Vigenin said. According to him, forming a government within the framework of the 50th parliament is increasingly difficult to achieve. However,..
President Rumen Radev handed over the second exploratory mandate to form a government to the second largest parliamentary group in the 50th National Assembly - "We Continue the Change" - "Democratic Bulgaria" coalition (PP-DB). At the handing..
On Sunday a cold front will sweep across the country from West to East. There will be clouds and, in the afternoon, brief showers, thunderstorms and..
A state of emergency remains in force in seven villages in the border municipality of Bolyarovo. The fight against the fire at the village of Voden..
A fire has started in Greece a kilometre and a half from the Bulgarian border and is slowly moving towards it. The fire is located in an extremely..
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