The number of Bulgarian companies which went bankrupt in 2016 was twice higher as compared to 2008 (when the world economic and financial crisis occurred), data of the Registry Agency show. According to analysts, many companies stop functioning, but don’t declare insolvency due to the heavy bankruptcy procedures. People without or with low qualification and skills are at risk of losing their jobs the most. According to forecasts, in 2017 employers will mainly look to hire experts and the number of long-term unemployed will continue to increase.
Wednesday morning will be cold , with frost forming again in some plains and valleys. Lows will be between 1 and 4°C. In Sofia it will be around 2°C. During the day it will be sunny all over the country. There will be light to moderate winds from..
Bulgarian Minister of Energy Zhecho Stankov has held a working meeting with US Secretary of Energy Chris Wright. The two discussed strategic projects in the sphere of nuclear energy as a key guarantor of the region's long-term energy security...
Bulgaria will not make any concessions to the Republic of North Macedonia in order for Skopje to start negotiations on the country's membership in the European Union. This was reiterated by President Rumen Radev in Warsaw , where he took part in the..
Bulgaria’s President Rumen Radev discussed ways to boost trade and investment between Bulgaria and Poland during a meeting with representatives of..
A month after Bulgaria receives the green light to join the eurozone, all traders are obliged to have their prices in both Bulgarian..
Since the beginning of the year, Bulgaria has also met the price stability criterion for eurozone membership, Minister of Finance..
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