Economic analysts expect that in 2020 the number of bankruptcies in Bulgaria will increase by 21% as compared to 2019 as a result of the Covid-19 crisis. Companies from almost all sectors are at risk of bankruptcy, especially those operating is the transport sector, the automotive industry, the tourism sector and the industry for manufacture of luxury goods.
Only the IT and the pharmaceutical sectors, where higher stability has been witnessed, are not at risk of bankruptcies. Analyses show that in 2020 businesses wait 6 days longer on average, or up to 66 days, to receive payments under signed contracts, as compared to 2019, BNR reporter Natalia Ganchovska informs.
On Thursday , a cold front with clouds and precipitation will pass over the country. There will be short-term intense rainfalls with thunderstorms and hail. The lowest temperatures will be between 16 and 22°C; in Sofia - about 16°C...
Bulgaria has offered to help Hungary cope with the difficulties arising from the ban on the transit of oil across Ukraine. This transpired from a post on Facebook by Hungary’s Foreign Minister Peter Szijjarto. “Bulgaria, as a true friend and..
Bulgaria is among the countries with the highest shares of own property in Europe, but has the lowest share of insured homes, Nikolay Stanchev, chairman of the Management Board of the Association of Bulgarian Insurers, told BNT...
The man injured in the explosions at a fireworks warehouse near the village of Elin Pelin has died. The doctors did everything they could, condolences to..
The Bulgarian state is planning to allocate significant funding for the new laboratory at the Bulgarian base in Antarctica , public service TV BNT..
The 33rd Summer Olympics will be officially opened in Paris today. On this occasion, Bulgaria's Head of State Rumen Radev is in the French capital to..
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