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%.
Bulgaria has submitted a request for an extraordinary convergence report based on the understanding that the country meets the criteria for entering the Eurozone, Prime Minister Rosen Zhelyazkov said at the opening of a new production facility in..
Artificial intelligence is now built entirely from classical computers with algorithms, while artificial intelligence based on quantum computers will be much faster and more functional , says doctoral student Ivo Mihov from the Center for Quantum..
The Bulgarian Sunday school "Priest Alexander Cikirik" in the town of Edirne close to the Bulgarian-Turkish border is now attended by 55 children. It was opened in 2017 at the Consulate General of Bulgaria. In one school year, the children there..
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..
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