Hotels have reported 80% decline in their turnovers in 2020, Borislav Hadjiev from the Bulgarian Hotel and Restaurant Association said for BTV. In his words, so far the hotel business has not felt real help from the state. The industry has benefited from the "60:40" wage support scheme, but, according to Hadjiev, it is aimed at helping people keep their jobs, not at supporting business.
"At some point, it may turn out that the business does not exist anymore and this measure will no longer be useful," Hadjiev commented. He explained that the hotels are not formally closed now, but their business has ceased because between 30% and 50% of their income comes from additional services – catering services, conferences, etc., which are currently unavailable.
Bulgaria and Romania continue to dominate the outsourced business services sector in Southeast Europe, with Bucharest and Sofia hosting 43% of the region's suppliers. This is stated in a report on the outsourcing industry in Southeast Europe 2023. It was..
The first lawsuit requesting a partial annulment of the elections is already a fact. Shortly after "There is Such a People" party submitted a request to challenge the legality of the election of MPs in 52 polling stations in the early..
No arrests have been made for last night's riots in front of the Ivan Vazov National Theater in Sofia during a protest against the new prodution "Guns and the Man", directed by John Malkovich. This was announced to BNT by the Minister of Internal..
A protest organized by nationalist organizations in front of the Ivan Vazov National Theatre last night against the premiere of Bernard Shaw’s play..
There Is such a People (ITN) has collected 67 signatures and are submitting a complaint to the Constitutional Court for the partial annulment of the..
A second night of protests took place outside the Ivan Vazov National Theatre in Sofia, but this time there were no physical confrontations. The protest..
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