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 MPs from the National Assembly Energy Committee have postponed by one year the full liberalization of the electricity marker. According to the current law, it was supposed to happen from July 1, 2024. This means that on July 1, the Energy and..
Seventh-grader Kaloyan Geshev from the 125th High School "Boyan Penev" in Sofia became a three-time champion in mental calculation. He won first place at the Mental Calculation Olympiad, which was held online. Kaloyan scored 243 points and thus..
President Rumen Radev did not say whether he would sign decrees for the replacement of two ministers – the Minister of Foreign Affairs and the Minister of Agriculture, as requested by caretaker Premier Dimitar Glavchev. President Radev invited..
The MPs from the National Assembly Energy Committee have postponed by one year the full liberalization of the electricity marker. According to the..
Seventh-grader Kaloyan Geshev from the 125th High School "Boyan Penev" in Sofia became a three-time champion in mental calculation. He won first place..
Italy supports Bulgaria's full-fledged membership in the Schengen area, Italian President Sergio Mattarella said. Mattarella is on a two-day visit to..
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