Over 42% of the startup companies in Bulgaria say that they face a moderate to high risk of bankruptcy in the coming 3 months.
75% say they are afraid this may happen in the next 6 months. The survey is by the Bulgarian Startup Association and the Bulgarian Small and Medium Enterprises Promotion Agency. 2/3 of the companies expect a drop in revenues of 40% and over. 63% are planning staff cuts. 2/3 of the startups say they need rescue financing of EUR 10,000 –100,000 from banks or from the state. 1/3 are expecting government procurement contracts or tax breaks to save them.
A delegation comprising MPs from Vazrazhdane party arrived in Moscow on Sunday. The delegation is led by Tsoncho Ganev, Deputy Chairman of Vazrazhdane and Deputy Chairman of the Bulgarian National Assembly, Georgi Georgiev, Deputy Chairman of..
The second F-16 fighter jet is expected to arrive in Bulgaria within days, said Defense Minister Atanas Zapryanov during a lecture to students at the University of Library Studies and Information Technologies. PM Rosen Zhelyazkov: The first..
Bulgaria’s President Rumen Radev discussed ways to boost trade and investment between Bulgaria and Poland during a meeting with representatives of the Polish-Bulgarian Chamber of Commerce. On the first day of his visit to Warsaw, President..
A month after Bulgaria receives the green light to join the eurozone, all traders are obliged to have their prices in both Bulgarian..
Since the beginning of the year, Bulgaria has also met the price stability criterion for eurozone membership, Minister of Finance..
On Tuesday, the lowest temperatures will range from 1°C to 6°C, for Sofia around 5°C. There will be frost in some valleys across eight regions in..
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