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Bulgarian Businesses Raise Concerns Over Regulatory Hurdles and Staffing Shortage

Amidst a recent study by the Bulgarian Industrial Association on the country’s business climate in 2023, several key concerns have emerged among the business sector. The study revealed that a significant portion of managers, around 62%, highlighted excessive state regulations as a major hurdle, while 61% cited the challenge of coping with frequent changes in regulations. Corruption also remains a prominent issue, with 59% of enterprises pinpointing it as a key obstacle. …