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Financial and business news from Bulgaria

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  • U.S. Treasury Secretary Steven Mnuchin announced today that bipartisan discussions have begun on whether more easing funding from the federal government is needed amid the country's coronavirus outbreak. However, he added that President Donald Trump is focused on tax changes and the tourism sector, Reuters reported.
    Mnuchin wary of idea of additional financial aid vs. COVID-19
    2020-05-04 22:30:04
    U.S. Treasury Secretary Steven Mnuchin announced today that bipartisan discussions have begun on whether more easing funding from the federal government is needed amid the country's coronavirus outbreak. However, he added that President Donald Trump is focused on tax changes and the tourism sector, Reuters reported.
  • New orders for industrially produced goods in the US fell over 10% in March and are likely to continue to decline strongly in view of supply chain disruptions due to coronavirus and weakening exports, BNR reported.
    Over 10% decline in U.S. industrial orders in March
    2020-05-04 21:30:17
    New orders for industrially produced goods in the US fell over 10% in March and are likely to continue to decline strongly in view of supply chain disruptions due to coronavirus and weakening exports, BNR reported.
  • On Tuesday, May 5, the US and Britain will begin negotiations via video conference to conclude a free trade agreement. This reports the Reuters agency, referring to an official representative of the British Prime Minister.
    US and UK begin trade talks on May 5
    2020-05-04 20:30:17
    On Tuesday, May 5, the US and Britain will begin negotiations via video conference to conclude a free trade agreement. This reports the Reuters agency, referring to an official representative of the British Prime Minister.
  • Chancellor Angela Merkel is calling for international solidarity amid the coronavirus pandemic and said once a vaccine is developed it should be accessible to all.
    Merkel with terrible news on COVID-19 vaccine
    2020-05-04 01:30:19
    Chancellor Angela Merkel is calling for international solidarity amid the coronavirus pandemic and said once a vaccine is developed it should be accessible to all.
  • BGN 420 000 is the financial support that so far Turkey has provided to Bulgaria in the fight against COVID-19. This was announced in an exclusive interview with “Wake Up” on New TV the Turkish Ambassador in Bulgaria Ailin Sekizkok.
    Turkey's Ambassador to Bulgaria: Migration to Bulgaria is zero and will remain so
    2020-05-03 23:30:17
    BGN 420 000 is the financial support that so far Turkey has provided to Bulgaria in the fight against COVID-19. This was announced in an exclusive interview with “Wake Up” on New TV the Turkish Ambassador in Bulgaria Ailin Sekizkok.
  • “91 783 is the number of unemployed people since the start of the state of emergency. Around 20,000 entered the job during the state of emergency. 132,000 will keep their jobs thanks to the 60/40 measure. This was what Minister of Labour and Social Policy Denitsa Sacheva told BNR.
    Minister Sacheva: 132,000 will keep their jobs because of 60/40 measure
    2020-05-03 21:30:07
    “91 783 is the number of unemployed people since the start of the state of emergency. Around 20,000 entered the job during the state of emergency. 132,000 will keep their jobs thanks to the 60/40 measure. This was what Minister of Labour and Social Policy Denitsa Sacheva told BNR.
  • The demands for change in legislation, which Bulgarian MEPs will submit under the “Mobility” package, will be concentrated on the return of the truck and the driver to the country where the company is registered. This was announced by European People's Party MP Andrey Novakov before BNR.
    Novakov for “Mobility” package: Remove the text according to which the driver returns
    2020-05-03 20:30:18
    The demands for change in legislation, which Bulgarian MEPs will submit under the “Mobility” package, will be concentrated on the return of the truck and the driver to the country where the company is registered. This was announced by European People's Party MP Andrey Novakov before BNR.
  • Portugal decided to limit the percentage of airplanes to two-thirds of their capacity in order to maintain a social distance between passengers, France Press reported.
    Portugal restricts the clampdown in planes because of COVID-19
    2020-05-03 20:30:05
    Portugal decided to limit the percentage of airplanes to two-thirds of their capacity in order to maintain a social distance between passengers, France Press reported.