“Bulgaria has solid financial buffers and mechanisms and I am moderately optimistic about our exiting the crisis,” Plamen Dimitrov, leader of the Confederation of Independent Trade Unions in Bulgaria (CITUB) said for the Bulgarian National Radio.
He added that the CITUB’s forecasts of a level of unemployment of almost 10% in the country by the end of the year are corroborated by an analysis by the biggest Bulgarian bank, according to which unemployment will stand at 9%. According to the bank an 8% drop in the GDP is to be expected, as opposed to the 3% set down in the budget. But even if this more negative scenario were to be played out, the reserves Bulgaria has will help it cope. The problems highlighted by Plamen Dimitrov are lack of flexibility in the availability of unemployment benefits, as well as the minimum amount of unemployment benefits – BGN 9 /EUR 4.6/ a day, which is what the unemployed in the tourist and restaurant industry are receiving.
Bulgaria appreciates highly Qatar's consistent efforts to end hostilities in the Middle East and the subsequent finding of a sustainable peaceful solution through diplomacy . This was what President Rumen Radev said at a meeting with Minister of State..
Terminal 2 has been modernised and expanded to include a new Gate Garden , which bgtourism.bg reports is the first fully equipped open-air gate area in Europe. This innovative project increases the terminal’s area by over 2,000 square meters and..
Deputy Minister of Culture Todor Chobanov has opened the exhibition " On the Waves of the Black Sea through the Ages" in the Segur Hall in the UNESCO headquarters in Paris. The event is part of Bulgaria's cultural program during the 47th session of..
A new lane for heavy trucks over 12 tons will be opened at the Danube Bridge in Ruse, announced Ruse Regional Governor Dragomir Draganov. The initiative..
On July 7, the Bulgarian National Bank (BNB) puts into circulation a silver commemorative coin titled "175 Years Since the Birth of Ivan Vazov", BNB..
During its plenary session in Strasbourg today, the European Parliament is scheduled to vote on Bulgaria’s accession to the eurozone on 1 January 2026...
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