“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.
Five members from the former parliamentary group of ''Velichie'' announced that they are forming a new party called "It Makes Sense". Viktoria Vasileva will be its chairperson. She was previously part of the Union of Democratic Forces (SDS), There is..
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For the first time, Bulgaria will be a partner country at the international agricultural and food exhibition "Agra 2024" in Gornja Radgona, Slovenia, from 24 to 29 August 2024. The Bulgarian Minister of Agriculture and Food Georgi Tahov will attend the..
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As the snap election draws nearer, GERB leader Boyko Borissov called for shared responsibility with the other political forces. This took place at a..
More than 800 teachers, principals and school psychologists have signed a petition opposing the changes to the pre-school and school education act..
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