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 2024-2025 school year will be the first in decades in which text books will be free for all pupils. 509 text books and general subjects study sets for students from the 1 st to the 12 th grade have been approved, the Bulgarian news agency..
On the first day of school, caretaker Minister of Education and Science Prof. Galin Tsokov greeted principals, school teachers and educational specialists at educational establishments, first graders and students, and parents. Calling the day a..
Bulgarian Patriarch and Metropolitan of Sofia Daniil has circulated a message to teachers, pupils and parents, on the occasion of the start of the school year starting today. “Remember always that the source of all true knowledge and wisdom is our..
Sofia’s urban subway system has proved to be among the most liked in Europe. The Sofia Metro was ranked the second best in Europe,..
The 2024-2025 school year will be the first in decades in which text books will be free for all pupils. 509 text books and general subjects study sets..
Bulgaria's President Rumen Radev described his meeting with the President of the Republic of North Macedonia Gordana Siljanovska-Davkova, which took..
Scattered showers
Cloudy
Mostly Cloudy
Partly cloudy, chance of rain