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.
President Rumen Radev was co-pilot in an F-16 fighter piloted by an Italian pilot. The demonstration flight from the Graf Ignatyevo airbase lasted 40 minutes. "The F-16 flight took me back to 2005, when General Clark, then a captain, and I flew..
''Our aid is being used on the front line as combat equipment and ammunition on the territory of Ukraine'', caretaker Minister of Defense Atanas Zapryanov told BNT regarding the military aid that Bulgaria provides to Ukraine. '' Everything we have..
Bulgaria’s Deputy Minister of Foreign Affairs Elena Shekerletova and the newly-appointed British Ambassador to Bulgaria, Nathaniel Copsey, praised the state of bilateral relations between Bulgaria and the United Kingdom. They committed to deepening..
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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