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.
75.3% of Bulgarians identify themselves as Orthodox, 9.9% as Muslim and 11% as not religious. 59.5% say they believe in God and 27.5% do not. The rest are undecided. A fifth of respondents say they frequently attend religious services. These are..
GERB leader Boyko Borissov announced that he is extending a hand to the parties from the former assemblage to seek an option of governance after the elections, the BNR’s reporter Daniel Inkov informed. Boyko Borissov emphasized that pragmatism in..
Before the start of the new school year, the ''Give a Book'' Foundation is collecting notebooks, plimsolls, pencil cases and backpacks filled with school supplies for homes for children deprived of parental care. For 14 years, the foundation has..
Defence Minister Atanas Zapryanov has cancelled the air show at the Graf Ignatievo Air Base after an L-39 ZA military transport plane crashed, the..
The Supreme Administrative Court rejected the appeal of the coalition around Ahmed Dogan - "Democracy, Rights and Freedoms - DPS"..
At a Bulgarian-Chinese business forum in Sofia, President Rumen Radev pointed out the advantages of the business environment in..
Overcast, rain
Mostly Cloudy
Partly cloudy, chance of rain
Cloudy