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Financial and business news from Bulgaria

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  • Lufthansa (Deutsche Lufthansa) posted a sharp rise in net loss to over €2bn in the first quarter after a coronavirus pandemic hit the tourism sector around the world.
    Full collapse for Lufthansa
    2020-06-04 17:30:05
    Lufthansa (Deutsche Lufthansa) posted a sharp rise in net loss to over €2bn in the first quarter after a coronavirus pandemic hit the tourism sector around the world.
  • Tension among merchants in malls. They are ready for a protest demanding lower rents and reduced working hours. Two weeks after opening their sites, traders report few customers and many accumulated losses.
    Tension in the malls, something very disturbing is happening
    2020-06-04 16:30:15
    Tension among merchants in malls. They are ready for a protest demanding lower rents and reduced working hours. Two weeks after opening their sites, traders report few customers and many accumulated losses.
  • Unemployed who enter into an employment contract for short-term seasonal agricultural work under the amendments to the Health Act entered into force as of May 14, will retain their right to monthly social benefits.
    Here's what condition the unemployed will keep their social benefits
    2020-06-04 15:30:17
    Unemployed who enter into an employment contract for short-term seasonal agricultural work under the amendments to the Health Act entered into force as of May 14, will retain their right to monthly social benefits.
  • Higher heating prices from 1 July envisages the Energy and Water Regulatory Commission (EWRC). The biggest increase is planned for Sofia - with 22 percent, BNR reported.
    EWRC cooks a large choker for Bulgarians in the middle of summer
    2020-06-04 14:30:15
    Higher heating prices from 1 July envisages the Energy and Water Regulatory Commission (EWRC). The biggest increase is planned for Sofia - with 22 percent, BNR reported.
  • The 60/40 measure of June 15 will be with new requirements. The amendment of the measure envisages extending the scope of the group of persons who can benefit from the financial assistance.
    Sacheva with very important news about state aid because of K-19
    2020-06-04 13:30:18
    The 60/40 measure of June 15 will be with new requirements. The amendment of the measure envisages extending the scope of the group of persons who can benefit from the financial assistance.
  • Germany authorises travel to Bulgaria and the other EU countries from June 15, as long as it has permission from the authorities in the respective country. We recall, our government has already given the green light since June 1.
    Let's get ready for German tourists, here's when they come to our place
    2020-06-04 12:30:16
    Germany authorises travel to Bulgaria and the other EU countries from June 15, as long as it has permission from the authorities in the respective country. We recall, our government has already given the green light since June 1.
  • Over 20 airports in Italy will be able to resume servicing passenger flights. Their work along these lines was suspended because of the coronavirus pandemic, TASS reported.
    Italy's flight restrictions fall
    2020-06-04 11:30:17
    Over 20 airports in Italy will be able to resume servicing passenger flights. Their work along these lines was suspended because of the coronavirus pandemic, TASS reported.
  • Stephanie Stancheva, a Harvard professor named recently as one of the world's most promising young economists, will advise President Emmanuel Macron on what to improve in the French economy as it recovers from the shock of the pandemic, Dnevnik reported.
    Economist Stephanie Stancheva to advise Macron on what to do after crisis
    2020-06-04 09:30:16
    Stephanie Stancheva, a Harvard professor named recently as one of the world's most promising young economists, will advise President Emmanuel Macron on what to improve in the French economy as it recovers from the shock of the pandemic, Dnevnik reported.