The Bulgarian cabinet will provide financial support to the businesses affected by the ongoing coronavirus crisis via the Bulgarian Development Bank. The bank will receive up to EUR 250 million from the state if necessary. The state will temporarily pay 60% of the wages of employees who are at risk of redundancies. We cannot emerge unaffected from the crisis. Some businesses will stop existing. Perhaps, unemployment will rise, this country’s Minister of Finance Vladislav Goranov said. The fisc cannot replace the economy. All business activities are permitted apart from the measures which aim to prevent congestion, Minister Goranov underlined.
The images of Paisius of Hilendar and St. Ivan Rilski will adorn Bulgarian euro coins The revised graphic design of the Bulgarian national side of the euro coins has been approved by the Governing Council of the Bulgarian National Bank. The..
The project company "Kozloduy NPP - New Capacities", working on the construction of the new units No. 7 and No. 8 of the Kozloduy Nuclear Power Plant, has begun negotiations with Bulgarians who live abroad and have experience in nuclear power plants in..
A permanently functioning coordination mechanism will control, prevent and counter smuggling, Prime Minister Rosen Zhelyazkov announced after a meeting with representatives of the services. "The objectives are clear, and the approach will be solid",..
The personnel crisis in the tourism sector has reached critical levels, with various data indicating that up to 70% of tourist sites..
House prices in the EU rose by 4.9% in the fourth quarter of 2024 compared with the same period in 2023, according to data from the European statistics..
Donald Trump Jr., the eldest son of the US president, is embarking on an Eastern European tour that will include Prague, Bratislava,..
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