“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.
Thursday will be mostly sunny. In the afternoon there will be clouds and occasional rain, but mainly in the mountains, the Danube plain and the Upper Thracian plain. Lows will be between 16 and 22°C, 17°C in Sofia, and highs - between 31 and 38°C, 32°C..
Tonight, the civil movement BOEC is organizing a protest in front of the Interior Ministry demanding the resignation of caretaker Minister of Interior Kalin Stoyanov. BOEC states that in order to have fair elections, they should not be made by..
Four cases of third-country nationals - three from Nepal and one from Sri Lanka - who were employed by hotels in the Sunny Beach resort and then disappeared have been reported to police in Nessebar. According to Veselin Nalbantov, deputy chairman of the..
Five members from the former parliamentary group of ''Velichie'' announced that they are forming a new party called "It Makes Sense". Viktoria Vasileva..
Friday will be sunny with clouds in the afternoon , especially in the east where there will be showers and thundershowers. Minimum temperatures will be..
As the snap election draws nearer, GERB leader Boyko Borissov called for shared responsibility with the other political forces. This took place at a..
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