Business Conditions In Bulgaria ‘Very Good’

The business climate in Bulgaria is at a very good level. This was commented in Ruse by the deputy chairman of the Confederation of Employers and Industrialists in Bulgaria / CEIBG / Prof. Nikolay Valkanov.

According to him, there are many stable laws, a good banking system and many working European funds, BTA reports.

“Only this year about BGN 2 billion from the European funds went to the Bulgarian business in three directions – energy efficiency, competitiveness and innovation,” said Valkanov.


He also commented that it is good for businesses to take care of workers and provide them with good pay.

In his words, a shortage of staff is where there is no pay – for example, in the sectors of tourism and construction. According to Valkanov, where there is a good pay, where workers are respected.

A ceremony took place in the Danube town, where the CEIBG, together with the mayors of municipalities in the district, awarded “Socially Responsible Company – Partner of the Municipality for 2018”.

Read More

Bulgarian Army Numbers Grew In 2018

At the end of last year, for the first time in the last years, the troops arrived in the Bulgarian Army were...

1,600 Goverment Administrators To Be Layed Off In First Wave Of Layoffs

The first wave of layoffs in the administration will cover 1600 people, making less than 2% of the total number of civil...

Annual Inflation Rate In the Euro Area Expected To Increase

Euro area annual inflation is expected to be 1.3% in December 2019, up from 1.0% in November according to a flash estimate from Eurostat, the statistical...

Recent

Bulgarian Socialist Vying For Early Elections

The next election is due in 2021 and a snap vote is unlikely, according to analysts. But a survey by independent pollster Alpha Research...

IMF To Present Results From Mission To Bulgaria

The International Monetary Fund will present the results of its regular mission to Bulgaria. Experts have been in the country since February 4, and...

Alitalia Cancels 95 Flights Due to Italian Employee Union Strikes

95 flights of the national Italian carrier were canceled due to a strike. From 11.00 to 15.00 Bulgarian time, domestic and international flights of Alitalia were suspended.