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.
The documentary film "The Heart of the Other Bulgaria" by journalist Milena Milotinova had its premiere at the Central Military Club in Sofia. The film is dedicated to the 30th anniversary of the State Agency for Bulgarians Abroad. The documentary is..
Exhibitions of traditional rugs and clothing from the beginning of the 20th century, a bazaar of handicrafts and agricultural products, a competition for the best home-made rakia and a rich music program are part of the first day of..
The 13th International Festival for Street and Puppet Theater "Puppet Fair" opens at the Sofia Puppet Theater (14 General Gurko Street). The festival, which will run until September 21, is non-competitive. Professional theatres from the country 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..
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