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

Yellow, brown alert code for rain, snow declared for 16 regions in Bulgaria for Thursday

On Thursday the weather will be cloudy. Precipitation will continue and will be significant in Central Northern Bulgaria, where snow will fall. Snow will also fall in the high valley fields in Western Bulgaria and the Western Fore-Balkans. In the..

published on 12/25/24 6:35 PM

Bulgarians are frugal on holiday gifts, prefer to travel

Bulgarians have set aside between 25 and 150 euros to surprise their loved ones with Christmas gifts, a BNT survey shows. Clothes and electronics are the most preferred goods. Online shopping in December also saw growth, and digital wallets, debit and..

published on 12/25/24 6:22 PM

Bulgaria's President extends condolences for the victims of the plane crash in Kazakhstan

Bulgaria mourns the loss of life in the crash of the passenger plane of the Azerbaijani airlines in Kazakhstan . This was written by Bulgaria's President Rumen Radev on his profile on the social network "X" on the occasion of the plane crash that..

published on 12/25/24 6:03 PM