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

Ramadan Atalay

Two more MPs leave MRF parliamentary group

After 17 MPs from the Movement for Rights and Freedoms, MRF, were expelled, among them the party’s other co-chair Dzevdet Chakarov, MRF MP Ahmed Vranchev expressed, in written form, a desire to leave the Movement’s parliamentary group. DPS..

published on 7/11/24 4:43 PM

ALDE could expel the Movement for Rights and Freedoms

Several European liberal parties have sent a letter to the Alliance of Liberals and Democrats for Europe (ALDE) to demand that Delyan Peevski be monitored, pointing out that he has been sanctioned for corruption by the US under the Global Magnitsky..

published on 7/11/24 3:23 PM
L to R: Atanas Zapryanov, Angel Tilvar, Nikos Dendias

Bulgaria, Greece and Romania to set up military corridor in NATO’s Eastern flank

Greece’s Minister of Defence Nikos Dendias announced that Greece, Bulgaria and Romania are to establish a military mobility corridor in NATO’s Eastern flank. “Today my Bulgarian and Romanian counterparts, Mr. Atanas Zaprianov and Mr. Angel..

published on 7/11/24 1:17 PM