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 Bank is issuing a new silver commemorative coin from the “Bulgarian National Revival” series , the institution announced today. This time the coin is on the theme of “175 years since the birth of Zahari Stoyanov”. The..
On Monday it will be mostly sunny, over the mountainous regions – with insignificant cumulus clouds. A light to moderate wind will blow from the east-northeast. The minimum temperatures will be between 1°C and 6°C, and the maximum – between..
The former leader of the Bulgarian Socialist Party, Kornelia Ninova, has founded her own party under the name "Unyielding Bulgaria." The goal of the formation is to offer an alternative to the current ruling model. "We cannot accept the..
Bulgaria’s President Rumen Radev discussed ways to boost trade and investment between Bulgaria and Poland during a meeting with representatives of..
The second F-16 fighter jet is expected to arrive in Bulgaria within days, said Defense Minister Atanas Zapryanov during a lecture to students at the..
In an open letter to Prime Minister Rosen Zhelyazkov and the Ministers of Agriculture, Finance and Economy, the Bulgarian Farmers' Union calls for new..
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