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%.
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 baton from the municipality of Tirana, which marked the beginning of the fourth edition of B40...
Ukraine must be given reliable and stable security guarantees as an indispensable condition for sustainable peace , says an official position of the Bulgarian Foreign Ministry on the occasion of 3 years of "Russia's unprovoked and unjustified..
Bulgarian-Ukrainian associations and non-governmental organizations are organizing marches in the evening in Sofia, Plovdiv and Veliko Tarnovo o n the occasion of the third anniversary since the start of the war in Ukraine on February 24...
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..
On Tuesday , the minimum temperatures in Bulgaria will be between minus 5 and 0°C, in the northeast - as low as minus 11°C. In Sofia, it will be around..
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