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 […]
Category: Business in Bulgaria
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
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
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
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 […]
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
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;• […]
ContourGlobal Maritsa East 3 TPP Produced 13% Of The Country’s Electricity Since The State Of Emergency’s Onset
ContourGlobal Maritsa East 3 TPP provided 13% of all the electricity produced in the country for the period March 13 – 31, 2020. The power […]
The Total Business Climate Indicator Decreases By 3.7 Percentage Points In Comparison With February
In March 2020, the total business climate indicator decreases by 3.7 percentage points in comparison with February which is due to the worsened business climate […]
Petrol Stations: The Fuel Consumption Dropped By Between 40 And 80% Because Of The State Of Emergency
After Bulgaria declared a state of emergency because of the coronavirus, fuel consumption dropped by more than 40% in major cities and highways, and nearly 80% in small towns. […]