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.
New car sales in Bulgaria in October increased three times more than the average for the European Union , where the purchase of new cars is only 1.1%. According to the Association of European Automobile Manufacturers, 75.9% of cars registered in..
77 per cent of those employed in Bulgaria's secondary education system are ready to go out on strike demanding a pay rise in the sector, according to a national survey by Podkrepa trade union. Half of those surveyed are in favour of a nation-wide..
The damage control and fire-fighting teams in Shumen have responded to 10 reports of damage due to the strong wind, the Regional Directorate of the Interior Ministry has announced. More often than not the reports were of fallen trees and branches in..
According to an analysis by the Electricity System Operator, a shortage of electricity is expected as early as January and February next year. At a..
“It’s time to lift internal border controls now,” European Commissioner for Home Affairs Ylva Johansson believes. In an interview with RFE/RL she..
The Constitutional Court has opened a case following the request by President Rumen Radev for the amendments to the Constitution, endorsed by the 49 th..
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