The European Commission decision on Bulgaria and Romania’s accession to Schengen by air and by sea at the end of March 2024 triggered some harsh reactions in this country. President Rumen Radev stated that we are entering 2024 with mixed..
“We will come out stronger from the crisis, but we are now in the eye of the storm. The turbulence is extremely big”, Bulgaria’s Minister of Finance Assen Vassilev said during the economic forum “The Noise of Money” which took place on June 7...
The Bulgarian Industrial Capital Association (BICA) outlined several priority operations in support of businesses and jobs, to be launched as soon as the partnership agreement and the programmes for the period up until 2027 are approved by the..
Representatives of Bulgaria’s business and trade unions negotiated with this country‘ s caretaker Premier Stefan Yanev financial compensations for the high electricity prices . A total of 600,000 companies are expected to receive financial..
The business environment in Bulgaria has deteriorated further. We insist that the National Economic Council be convened, the President of the Bulgarian Industrial Capital Association Vasil Velev said for the BNR . Businesses in Europe receive..
"Since the beginning of August, Bulgaria’s electricity prices were the highest in the entire EU. This is due to the damaging and incompetent management of the energy sector to the detriment of this country’s economy and households. We demand the..
The Bulgarian Industrial Capital Association (BICA) called on the new 45th National Assembly to support measures for economic development. In a declaration to Bulgaria’s Parliament, BICA called for efficient administration and transparent governance..
The Covid-19 pandemic and anti-epidemic measures, which have been part of our daily lives for a year now, have had an extremely negative impact on a number of sectors. The revival of some of the industries during the summer was too short and was..
The Bulgarian Industrial Capital Association (BICA) forecasts a decline in the country's gross domestic product between 3.5 and 5.5% depending on the development of the second wave of Covid-19. This was said for BNR by the chairman of the association..
The 60/40 wage support scheme is to continue functioning after October 1, yet under different conditions, Bulgaria’s Minister of Labor and Social Policy Denitsa Sacheva told representatives of business and labor unions, reporter Tsvetelina Stoyanova..
