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.
Clouds will break over the western half of the country overnigh t, becoming mostly clear, while rain will continue to fall over the east. Friday will be mostly sunny. There will be light winds, mainly from the north. Minimum temperatures will be between..
Prime Minister Dimitar Glavchev and Deputy Foreign Minister Ivan Kondov met at the Council of Ministers with relatives of the Bulgarian sailors on board the hijacked ship Galaxy Leader, where Glavchev assured that efforts to secure their release were..
The Bulgarian Parliament has finally postponed the liberalisation of the energy market for one year, starting from 1 July. The decision was taken with 152 votes in favour - of GERB-CDS, MRF, Vazrazhdane, "BSP for Bulgaria" and ITN. 35 PP-DB MPs..
The Bulgarian Parliament has finally postponed the liberalisation of the energy market for one year, starting from 1 July. The decision was taken with..
Nearly 400 cases of pertussis (whooping cough) have been registered in the country. We are at the beginning of a nationwide epidemic, Chief State Health..
The National Assembly removed its chairman Rosen Zhelyazkov from office. His dismissal was proposed by We Continue the Change - Democratic Bulgaria,..
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