“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.
Bulgarian diplomacy, without showing off, is using its influence to free the Bulgarian citizens who are hostages of Hamas in Gaza. We thanked the Bulgarian Ambassador Slavena Gergova and the EU Ambassador to Israel Dimitar Tsanchev, the Bulgarian..
"The governance program will be discussed later this week at a meeting of the Council of Ministers, and I hope it will address all questions and expectations from the public'', announced Prime Minister Rosen Zhelyazkov. He also commented on the..
On February 19, Bulgaria’s Premier Rosen Zhelyazkov will participate in the second emergency meeting on Ukraine, hosted by French President Emmanuel Macron, the Bulgarian government said in a press release. Bulgaria received an invitation from..
Education must make children not only knowledgeable but also good people, said Minister of Education and Science Krasimir Valchev at a meeting with His..
On Thursday, the minimum temperatures in Bulgaria will be between minus 14 °C and minus 8°C. In Sofia, it will be around minus 12°C. The day will be..
In Plovdiv, experts discuss issues of the food industry, in accordance with the most up-to-date requirements of the Bulgarian and European regulatory..
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