The day in 3 news: New covid measures imminent; Business pessimistic about August; Eurohold Bulgaria's bonds to be listed on the stock exchange

The day in 3 news: New covid measures imminent; Business pessimistic about August; Eurohold Bulgaria's bonds to be listed on the stock exchange

© Велко Ангелов


This week started on a negative note: Covid-19 incidence cases in Bulgaria have reached 265 people per 100 thousand population in the last 14 days. This is why Chief State Health Inspector Dr. Angel Kunchev suggested new restrictive measures to fight the upsurge including prohibiting restaurants from serving indoors. This provoked an immediate reaction from the Bulgarian Association of Restaurant Owners, which stated that if this happened, 700 000 people would remain unemployed.

New Covid-19 measures imminent

After many regions in Bulgaria entered the so called "red covid zone" of 250 infected per 100 thousand people, Chief State Health Inspector Dr. Angel Kunchev suggested the introduction of new anti-epidemic measures, including a ban on indoor mass events, festivals and conferences, trainings and others. Alternatively, Dr Kunchev proposed that indoor events would be allowed at 50 per cent a capacity if 100 per cent of staff and visitors are vaccinated, prove that they already had a coronavirus infection or provide a negative PCR test. Restaurants also have to be closed indoors or to work with low capacity, Dr Kunchev said. The Ministry of Health is expected to announce its final decision on the measures that are to be introduced tomorrow.

Business sentiment in Bulgaria worsened in August

In August, the total business climate indicator dropped by 2.3 per cent compared to July, according to data by The National Statistical Institute (NSI). The reason behind the worsened business sentiment is the degradation of the business climate in industry, retail and services. Slight optimism can be seen only in the construction sector where the industry indicator increases with 0.7 per cent. The main factor for these results remains the uncertain economic environment in the country.

Eurohold Bulgaria bonds for 30 mln euros to be traded on the stock exchange

Eurohold Bulgaria's bonds will be listed at the Sofia stock exchange. The insurance and finance group's bonds were placed privately at the end of last year and their entry on a regulated market means that the holding will have to meet certain financial indicators. The issue is seven-year, with an annual interest rate of 3.25 per cent.

This week started on a negative note: Covid-19 incidence cases in Bulgaria have reached 265 people per 100 thousand population in the last 14 days. This is why Chief State Health Inspector Dr. Angel Kunchev suggested new restrictive measures to fight the upsurge including prohibiting restaurants from serving indoors. This provoked an immediate reaction from the Bulgarian Association of Restaurant Owners, which stated that if this happened, 700 000 people would remain unemployed.

By using this site you agree to the use of cookies to improve the experience, customize content and ads, and analyze traffic. See our cookie policy and privacy policy. OK