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

Businesses in Bulgaria at risk of being taken over

Photo: BGNES

Bulgaria ranks first in terms of business risk among four surveyed countries (Bulgaria, Spain, Italy and Romania) during an international pilot project, Todor Galev of the Center for the Study of Democracy has told BNR. The sectors of construction, trading in fuels and pharmaceuticals, as well as regulatory and control institutions have been monitored over a ten-year period. "There is an unhealthy environment with no guarantees for normal business relations," the expert commented. He expressed surprise that the parliamentary committee reviewing the work of the previous government received evidence of political racketeering against businessman Svetoslav Ilchovski committed by people close to the government, not because such cases were rare, but because of overall disbelief in the possibility of finding justice. However, Todor Galev does not expect the Prosecutor's Office to become more active, because it was part of the problem with the conquest of law enforcement institutions.



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

Angel Kunchev

The spread of whooping cough is expected to subside by the end of 2024

An emergency epidemic situation will not be introduced in the country due to the spread of pertussis (whooping cough), as this is not necessary. This was announced by the chief state health inspector, Assoc. Prof. Angel Kunchev...

published on 4/26/24 11:53 AM

GERB leader predicts five more caretaker governments

With the votes of GERB-SDS and PP-DB, the parliament rejected the request for a debate on the report of the temporary committee to investigate corruption practices in the "Customs" Agency and the possible role of the former finance..

published on 4/26/24 10:54 AM

Strong hail damages crops in south-eastern Bulgaria

Hail storm caused huge damage in the regions of Plovdiv, Haskovo, Stara Zagora and Sliven. No people were injured but crops in many places were destroyed .  The villages of Banya, Samuilovo, Zetiovo, Gita, Svoboda and Shivachevo..

published on 4/26/24 9:27 AM