Greece Faces Deep Demographic Crisis
Greece is confronting a serious demographic crisis, as many young people struggle to gain financial independence and start families
The World Economic Forum in Davos has been Canceled due to COVID-19
Business | December 20, 2021, Monday // 15:23
- Tweet
Send to Kindle
Wikimedia Commons
The planned World Economic Forum in the Swiss mountain resort of Davos has been canceled due to growing cases of the COVID-19 variant of Omicron, Reuters reported, citing a statement from organizers.
"The gathering of world business and political leaders at the annual summit of the World Economic Forum in Davos, Switzerland, has been canceled due to rising levels of the Omicron variant of the coronavirus," organizers said on Twitter.
The forum in the Swiss alpine resort is one of the most popular gatherings of representatives of the political and economic elite, representatives of intellectuals and journalists. It is traditionally held in late January and early February in the alpine resort of Graubünden. Last year, the forum was also canceled due to the pandemic.
/Dnevnik
Related Articles:
Survey Shows GERB's Dominance in Bulgaria, While Economic Stability Remains a Key Concern
According to a recent sociological survey by "Trend," GERB maintains a strong lead with 26.6% of voter support, significantly ahead of its competitors
Politics | February 5, 2025, Wednesday // 12:10
Deteriorating Economic Outlook: EU and Bulgaria Face Decline in Business and Consumer Sentiment
The latest European Commission survey reveals a decline in both economic and consumer sentiment across the European Union, with Bulgaria showing a similar trend by the end of 2024
Bulgaria Falls Out of Top 50 in Global Economic Freedom Rankings
Bulgaria has fallen out of the top 50 countries worldwide in terms of economic freedom
FLiRT Variant of Omicron Detected in Bulgaria: Preliminary Cases Confirmed
Preliminary reports indicate that strains of the FLiRT variant of "Omicron" have been detected in Bulgaria
Bulgarian Businesses Trapped in Rising Wages and Low Productivity
Bulgarian businesses are facing a critical juncture as they grapple with escalating wages amidst persistently low productivity,
Business | July 3, 2024, Wednesday // 11:17
Bulgaria Prepares for Euro Transition: Expert Warns of Counterfeit Risk and Change Challenges
Financial expert Max Baklayan has warned that the main risk in Bulgaria’s transition to the euro is not the exchange rate, but the increased likelihood of counterfeit currency
Migrant Entrepreneurs Call for Smarter Policies to Boost Bulgaria’s Economy
On the occasion of International Migrants’ Day on December 18, migrant business owners in Sofia released a Manifesto of Foreign Entrepreneurs in Bulgaria
Business | December 4, 2025, Thursday // 15:10
Bulgarian-American Credit Bank Cleared to Acquire Majority Stake in Tokuda Bank
The Governing Council of the Bulgarian National Bank (BNB) has granted preliminary approval to Bulgarian-American Credit Bank AD (BACB) to acquire a controlling stake in Tokuda Bank EAD
Bulgaria Faces Structural Budget Deficit, Economist Warns
Economist Dimitar Chobanov has warned that the current policies are pushing Bulgaria’s budget toward a structural deficit that is already becoming apparent
Technical Update on December 31 Halts Bulgarian Banking System Ahead of Euro Transition
Bulgaria’s banking system will undergo a brief technical shutdown on New Year’s Eve
Euro Coin Frenzy: Bulgarian Post Offices Sell Out In Hours!
The demand for euro coin sets proved overwhelming, as post offices across Bulgaria reported that their stocks had rapidly depleted.
