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.
At a meeting today, the National Council for Tripartite Cooperation will discuss a draft decree of the Council of Ministers setting the country's poverty line for 2025, submitted by the Minister of Labour and Social Policy. The government proposes..
There will be thick cloud cover overnight and rain showers in places, especially in central areas. Morning fog will develop in the valleys and lowlands. There will be light to moderate winds from the west-northwest. Minimum temperatures will..
One day before the start of the new school yea r 2024/2025, the association "Angels on the Road" organised a protest march with the slogan: "Stop the road deaths! Protect our children - the future of Bulgaria". The march will start from the..
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..
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