"Bulgaria should concentrate its efforts on keeping competitiveness, raising the quality of labour and improving infrastructure to open up new opportunities, Deutsche Bank board member Jurgen Fitschen told a lecture on the financial crisis and its impact on the economy.
Bulgaria has so far managed to stand up to the financial challenges but the upcoming second wave of the crisis will strike a blow to developing markets, including Bulgaria, according to Fitschen. " dnevnik.bg
The message is clear for who wants to hear. We have again collected some evidences that the way prices are calculated (let us say for example on a per kg basis) let companies to believe that they are making money on some orders although they are actually losing money. The reason is that the time needed to produce a particular product is not taken into account. This is certaily one area where it is necessary to make good decisions in difficult times like these. Other way, the road to profitability and survival will be closed down for ever.
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