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.
Ferry operations near Oryahovo have been suspended d ue to low water levels in the Danube River. The situation is not unprecedented and occurs every summer, but this year the water level has dropped earlier than usual, said the Oryahovo-Bechet Ferry..
Bulgaria’s Premier Rosen Zhelyazkov extended his warmest congratulations to the President, the government and the people of the United States on the occasion of July 4 – Independence Day. ''Bulgaria and the United States continue to deepen their..
The three largest parties in the European Parliament — the European People’s Party (EPP), the Progressive Alliance of Socialists and Democrats (S&D) and Renew Europe have reached an agreement to remove all references to ''Macedonian..
The European Commission has announced that the EU will invest nearly €37.5 million in the construction and modernisation of six parking areas with a..
The plenary debate on the third motion of no confidence against Rosen Zhelyazkov's government, proposed by the Revival party, has concluded . According to..
It will be sunny and hot on Friday. Maximum temperatures will range between 33°C and 38°C, around 33°C in Sofia. It will also be sunny along the..
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