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.
On the day of the third boycott of large retail chains their turnover increased by over 1 million euros, according to data from the National Revenue Agency. A day earlier, traders reported revenue of over 12,7 million euros, while on..
Acting Prosecutor General Borislav Sarafov requested lifting the immunities of MPs Bozhidar Bozhanov and Kiril Petkov from “We Continue the Change – Democratic Bulgaria”. A day earlier, he took the same action against four MPs from..
Five centres for educational, social and health services are being established in small towns as part of the programme "Promoting Justice: Health and Inclusive Education for All - ZOV 2", funded by the Bulgarian-Swiss Cooperation Programme. The..
Foreign Minister Georg Georgiev today received at the Foreign Ministry Susan Falatko, who arrived in Sofia a few days ago as Charge d'Affaires of the U.S...
Friday will be mostly cloudy. Fog will cover the lowlands before midday. It will rain in some places, especially in southern Bulgaria. Minimum..
The Ministry of Foreign Affairs has advised Bulgarian citizens to avoid traveling to Greece because of a planned national strike today. The Foreign Ministry..
Scattered showers
Cloudy