The global coronavirus pandemic is causing an unprecedented economic crisis and will require a massive response to secure a recovery, IMF chief Kristalina Georgieva said on Thursday, […]
Category: Europe
Jeff Bezos Is Once Again World’s Wealthiest Person
Amazon founder Jeff Bezos is once again the richest person in the world, despite his divorce last year which cost him a quarter of his […]
Bulgarian Trucks Blocked At The Border With Turkey
Dozens of Bulgarian trucks were not allowed to enter Turkish territory when they tried to cross the Bulgarian-Turkish border checkpoint near Svilengrad. The trucks were brought back to Bulgarian […]
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
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
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
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 […]
France Is Expecting Its Worst Recession Since World War II
In 2020 France will undoubtedly experience its worst year of economic recession since the end of World War II. This was forecast today by Economy Minister Bruno Le Maire […]
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 […]