The Bulgarian economy restructured successfully after the global economic crisis in 2009, which is proved by the fact that some of the workforce shifted from one sector to another. The number of people employed in construction decreased twofold and the number of Bulgarians working in the textile industry fell by one-third. Employment in the food industry, the furniture industry, the financial sphere and the banks has shrunk as well. On the other hand, higher employment was registered in the automotive industry, the pharmaceutical industry, electronics, electrical engineering and machine-building sectors. The new factories opened in these sectors boosted Bulgaria’s exports. The geography of the new job positions has changed as well. The number of newly-created job positions in Sofia has decreased at the expense of more job positions opened in Plovdiv, Sofia-district, Stara Zagora, Sliven and Gabrovo districts. Lovech, Vratsa, Pleven and Montana have also become attractive for the investors, data of the National Statistical Institute show.
If Bulgaria meets the eurozone criteria, there is nothing to stop it adopting the euro on 1 January 2026. This is what Brussels sources told BNR correspondent Angelina Piskova. They said that the decision should be taken by the EU Council. This is..
In line with the example set by Croatia, followed by Greece, Romania, Slovenia, North Macedonia, Montenegro, and Bosnia and Herzegovina , four organizations in Bulgaria declared January 13 a day for boycotting the large retail chains in protest of high..
Cybersecurity and Bulgaria's inclusion in the Visa Waiver Program of the US are two priorities of the government, directly linked to the work of the General Directorate Combating Organized Crime, said Minister of Interior Daniel..
A photograph in the media of Minister of Labour and Social Policy Borislav Gutsanov (Bulgarian Socialist Party), MEP Kristian Vigenin (Bulgarian..
The Bulgarian Industrial Capital Association and the Bulgarian Association of Dairy Processors have raised concerns that the prices of basic food..
On Thursday, minimum temperatures will range from minus 5° C. to zero, reaching minus 8° C. in the Eastern parts of the country, for Sofia around..
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