Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Tsvetan Simeonov: Businesses without prospects should reinvent themselves instead of being supported

Photo: pixabay

“The numerous conditions  businesses have to meet to avail themselves of the government support measures during the pandemic and the cumbersome administration is what has hindered a great many firms from benefiting from them,” Tsvetan Simeonov, President of the Bulgarian Chamber of Commerce and Industry stated for the BNR’s Horizont channel. “Our administration is as yet unable to introduce e-government and everything is going terribly sluggishly and painfully.”

In Tsvetan Simeonov’s words the attention of the state has so far been on keeping the existing businesses afloat, but that is a wrong message to convey. It would be better for those that do not have good prospects in the new conditions to reinvent themselves in a new sector or a new type of activity, Tsvetan Simeonov added.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Rumen Radev on board the frigate Drazki, 12 July, 2024

On board Drazki frigate President Radev calls for the modernization of the Bulgarian navy to continue

President Rumen Radev called for the processes of modernization of the navy to continue. On board the frigate Drazki in the Black Sea, the president, the Deputy Minister of Defence Radostin Iliev and the commander of the Bulgarian navy rear admiral..

published on 7/12/24 1:27 PM
Commissioner for Innovation, Research, Culture, Education and Youth Iliana Ivanova

European Commissioner Iliana Ivanova: Frequent elections are not a good sign

"It is important for us to stand firm and instill confidence in our European partners, and this frequent change of governments, frequent elections, does not send a good signal", Commissioner for Innovation, Research, Culture, Education and Youth..

published on 7/12/24 11:23 AM
President Rumen Radev

President Radev to hand the second governing-forming mandate next week

President Rumen Radev is to hand the second governing-forming mandate next week. ''I expect We Continue the Change - Democratic Bulgaria (PP-DB) to clearly state whether they will be an opposition or will seek support for forming a government'',..

published on 7/12/24 10:16 AM