“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.
On Sunday the weather will be predominantly sunny over most of the country. Cumulus clouds will form before midday over the Southeasternmost regions where there will be occasional showers. In the afternoon cumulus rain clouds will form over..
A 9-year old boy with multiple injuries has been airlifted from Burgas to Pirogov emergency hospital in Sofia by a Spartan aircraft. The boy got stuck inside the hydraulic drum of a beach cleaning machine on the central beach in Sozopol...
GERB/SDS will not support a government on the third mandate. This was made clear after three hours of consultations with There Is Such a People (ITN). At these consultations ITN presented its priorities in the spheres of justice, energy and foreign..
Bulgaria introduces mandatory disinfection of vehicles at all border crossings because of outbreaks of small ruminant plague in Northern..
Sunny weather will prevail on Monday. There will be more significant increases in cloudiness over the northern and eastern regions of..
The fires in the south-western regions of Bulgaria continue , as more than 15,000 decares of forests have already burned. The battle..
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Partly cloudy, chance of rain
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