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 Bulgarian National Radio and the Bulgarian Academy of Sciences have signed a Memorandum on the basis of which they will cooperate and carry out joint initiatives to promote the academy's scientific activities and research. The..
At today's meeting, the Supreme Judicial Council officially resumed the procedure for electing a new chief prosecutor. The election is scheduled for January 16, 2025, and candidates must present their concepts until October 24...
At a Bulgarian-Chinese business forum in Sofia, President Rumen Radev pointed out the advantages of the business environment in Bulgaria and the availability of highly qualified specialists. "Every car manufactured in Europe 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