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.
Customs officials have seized a record 120 kg of gold at the Kapitan Andreevo checkpoint on the border with Turkey. Gold bars, coins and jewellery were seized. The driver, a Bulgarian national, was arrested and charged. Another man with Bulgarian and..
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 Defence Ministry said. The accident occurred during preparations for tomorrow's demonstrations to..
Bulgaria has always been open to dialogue with North Macedonia and expects that this dialogue will contribute not only to our cultural rapprochement, but also to the strengthening of economic cooperation. We expect that this dialogue will finally..
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..
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