“The recovery and resilience plan must be submitted to the European Commission because its contents can be altered afterwards but the deadline can’t,” Radosvet Radev, President of the Bulgarian Industrial Association (BIA) said in an interview with bTV.
He commented that there is a sense of mild optimism among businesses because of the mass vaccination which will lead to better working conditions. However, the economy is expected to recover no earlier than the end of 2022. According to a BIA survey, 74% of the respondents, representing businesses in the country, say that new measures are needed to assist them. As to the banking moratorium, 54% say that they will find it difficult to service their debts, 79% say they see no improvement in the economic indexes.
“At the moment an entrepreneur’s best defence is to do nothing and postpone investments,” Radosvet Radev said.
At 11.00 a.m. today, President Rumen Radev will hand over a mandate to form a government to the candidate for prime minister, nominated by the second largest parliamentary group in the 50th National Assembly - that of "We Continue the Change-Democratic..
Clouds will temporarily break by midnight. Sunny weather will prevail across most of the country on Monday before midday. Around and after noon, clouds will develop again. There will be brief showers of rain accompanied by thunder in places, more..
I nterior Minister Kalin Stoyanov and Prime Minister Dimitar Glavchev today visited the heavily fire-affected village of Voden and expressed their gratitude to the Turkish firefighters who took part in fighting the wildfires in Yambol region . They,..
The efforts to contain the wildfires in the border municipality of Bolyarovo continue. The partial state of emergency continues to be in place in 7..
On Sunday a cold front will sweep across the country from West to East. There will be clouds and, in the afternoon, brief showers, thunderstorms and..
“For us this election has to be the last for the coming years. No more compromises with the people, with society or with the political system should..
+359 2 9336 661