According to preliminary data of the National Statistical Institute, in the third quarter of 2019 the total labor cost per hour worked increased 10% as compared to the same period in 2018. Labor costs in the industrial sector per hour worked increased with 8.3%, in the service sector these costs increased with 10.5% and in construction they saw 10.1% increase. Highest increase of hourly labor costs was registered in the following economic sectors- Operations with Real Estate Properties-15%, Other Activities-14% and Education-12.8%.
To insist on seeking a military settlement to the conflict in Ukraine is a losing venture. Europe should support the efforts of the US to find a better solution, said President Rumen Radev at the Chief of Defence Annual Conference in Sofia. At..
“There is no change, Bulgarian troops are not going to be sent to Ukraine,” said PM Rosen Zhelyazkov in a comment about the meeting between US President Donald Trump and French President Emmanuel Macron at the White House. “The institutions in..
Bulgaria is to take part in common procurement procedures in the sphere of defence at an EU level, under projects for the acquisition of IRIS-T air defence systems and CAESAR self-propelled howitzers. The Ministry of Defence applied for and..
According to data from Eurostat, Bulgaria has met the final criterion for joining the eurozone, namely price stability, Minister of Finance Temenuzhka..
The Ministers of Agriculture of Bulgaria, Hungary, Romania and Slovakia have called on the European Commission to restore pre-war import quotas for..
Sofia has taken over the presidency of the most prestigious local government forum in the Balkans – B40. The capital’s mayor Vasil Terziev accepted the..
Cloudy
Partly Cloudy
Mostly Cloudy