In April, the overall business climate indicator in Bulgaria has fallen by nearly 42 points from its March level and is 37 points below the long-term average over the past decade. Compared to February 1997, when the long-term minimum was marked, the current level is just 4.4 points higher, the NSI reported.
Uncertainty and pessimistic assessments for the situation in the next three months are a major problem in all the industries observed. In the first four months of the year, the average capacity utilization declined by 10.1 points to just 67.9%.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that..
GERB leader Boyko Borisov said in Parliament that Bulgaria will become a member of the eurozone on January 1, regardless of protests organized by..
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