“Businesses are freezing investment projects,” said Tsvetan Simeonov, President of the Bulgarian Chamber of Commerce and Industry for the BNR.
“Productions have already shrunk, and there will be layoffs. The 60/40 measure did not have the best effect. It turned out that those who are working receive 100% of their salaries while those who are not working – they too receive 100% of their salaries. In the conditions of political instability, businesses are also worried about the implementation of the measures of support in the economy. What businesses fear are the numerous reports of corruption practices in Bulgaria. The companies which have already made investments have overcome this corruption barrier, but for others it is a source of stress and concern,” Tsvetan Simeonov said.
Overnight, from west to east, the rain showers will stop and the clouds will break up and decrease. Thursday will be sunny in western and central Bulgaria . Visibility will be temporarily reduced and in the morning hours there will be low clouds in..
The Supreme Administrative Court has overturned as unlawful the Central Election Commission's refusal to register the Movement for Rights and Freedoms - New Beginning coalition (one of the two factions of the DPS) for the 27 October parliamentary..
The Commission for Consumer Protection has ordered the immediate withdrawal from the market of two products known as energy sniff, which are inhaled through the nose and are an alternative to energy drinks. The products have been identified as a serious..
For the fourth year, one of the most beautiful places to fly in the world - the Belogradchik rocks, will host the Balloon Fiesta. Pilots from..
Acting chairman of the Bulgarian Socialist Party (BSP) Atanas Zafirov has withdrawn the papers submitted yesterday for the BSP’s independent..
Cases of pertussis (whooping cough) are now few, while the number of scarlet fever and chickenpox cases has been reduced to a..
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