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Category: Business in Bulgaria

Retail Chains Will Be Obliged To Sell Bulgarian Foodstuffs
March 9, 2020January 2, 2021

Retail Chains Will Be Obliged To Sell Bulgarian Foodstuffs

The retail chains will be obliged to sell Bulgarian foodstuffs, which will occupy at least half of their commercial space – announced the branch organizations […]

3 To 6 Months Credit Deferral But Only For Good Payers
March 9, 2020January 2, 2021

3 To 6 Months Credit Deferral But Only For Good Payers

Banks offer to be able to reschedule loans between three and six months because of the coronavirus pandemic. Each credit institution will decide what its […]

Dr. Boyko Takov, Executive Director BSMEPA: There Is No Universal Economic Cure For All Companies
March 8, 2020April 11, 2021

Dr. Boyko Takov, Executive Director BSMEPA: There Is No Universal Economic Cure For All Companies

In practice, one business should not go bankrupt for three weeks. The Coronavirus will completely change our perceptions of business, whether small, family or medium. This is exactly […]

PM Borisov: Bulgarian Development Bank Management To Be Dismissed
March 8, 2020January 11, 2021

PM Borisov: Bulgarian Development Bank Management To Be Dismissed

Prime Minister Boyko Borissov announced that he had ordered the dismissal of the CEO and the board of the Bulgarian Development Bank. The Bulgarian prime […]

53% Drop In Passengers At Sofia Airport
March 7, 2020January 11, 2021

53% Drop In Passengers At Sofia Airport

There is a 53% decline in the passengers at Sofia Airport and the reason is the spread of the COVID-19 virus, which led to the cancellation of a large part of […]

The State Will Also Pay Part Of The Employer-Provided Insurance Under The 60:40 Scheme
March 6, 2020January 11, 2021

The State Will Also Pay Part Of The Employer-Provided Insurance Under The 60:40 Scheme

The state will also take over part of the employer-provided insurance under the 60:40 scheme. GERB accepted the MRF proposal. “We decided on the budget committee to comply with […]

Credits Can Be Renegotiated By June In Bulgaria
March 5, 2020January 11, 2021

Credits Can Be Renegotiated By June In Bulgaria

Putting off loan obligations will be made through an agreement with the banks for a new repayment plan. Temporarily the principal amount or the principal […]

NSI: The Total Business Climate Indicator Decreased By 0.8 Points In February 2020
March 5, 2020February 7, 2021

NSI: The Total Business Climate Indicator Decreased By 0.8 Points In February 2020

In February 2020, the total business climate indicator decreases by 0.8 percentage points compared to the previous month as a result of the more unfavourable business climate […]

Commercial Banks In Bulgaria Have 5 Days To Decide On Payment Moratoria
March 4, 2020January 11, 2021

Commercial Banks In Bulgaria Have 5 Days To Decide On Payment Moratoria

Bulgaria’s central bank BNB has adopted the guidelines approved by the European Banking Authority for private moratoria on payments in light of the Covid-19 crisis, BNR reported. […]

NSI: Increase In The Production Of Unleaded Motor Gasoline – By 1.4% And Natural Gas
March 4, 2020January 11, 2021

NSI: Increase In The Production Of Unleaded Motor Gasoline – By 1.4% And Natural Gas

Production of energy products In January 2020 compared to December 2019 an increase is reported for the production of: • unleaded motor gasoline – by 1.4% to3149 thousand tonnes;• […]

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