IMF Concludes Regular Mission in Bulgaria, Recommends Restoring VAT to Pre-Pandemic Levels
The International Monetary Fund (IMF) has wrapped up its regular mission in Bulgaria
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
The new cabinet, whichever parties are part of it, must not allow the interruption of the financial funds provided to support the business during Covid-19 crisis.
Instead of introducing new measures, companies need consolidation and simplification of the current ones.
This was stated on the air of Bloomberg TV Bulgaria by Maria Mincheva, Deputy Chairwoman of the Bulgarian Industrial Association (BIA).
"We have witnessed through operational programs (of EU) how things happen extremely slowly - literally 7-9 months pass until a company receives the liquid support it needs to repay debts and maintain normal operational activities," she explained.
According to Maria Mincheva, similar delays are noticed in granting of benefits in support of employment.
In connection with the observance of the deadline for submission of the National Plan for Recovery and Sustainability, the Vice President of the Bulgarian Chamber of Commerce commented:
If the Plan is not submitted to the European Commission on time by the government, then Bulgaria risks losing positions which anyway are not very good, compared to other European countries.
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The International Monetary Fund (IMF) has wrapped up its regular mission in Bulgaria
Bulgaria is on track to meet the inflation benchmark required for Eurozone membership by September
LinkedIn, the go-to platform for job seekers worldwide, is considering incorporating gaming elements into its services. In a move aimed at enhancing user engagement
Today, just before 8 a.m., the mortal remains of Bulgarian Patriarch Neophyte were laid out for veneration at Patriarchal Cathedral "St. Alexander Nevsky"
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The Bulgarian Parliament has ratified the Agreement between the Government of the Republic of Bulgaria and the Government of the United States on cooperation regarding the construction of nuclear power at the Kozloduy Nuclear Power Plant
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Nexo Is Suing Bulgaria For Over $3 Billion