Restoration of employment levels is expected to start at the end of the year, Minister of Social Affairs Denitsa Sacheva said at the presentation of the renewed measure for preserving jobs - 60/40.
Speaking to the National Council for Tripartite Cooperation, Minister Sacheva quoted the latest forecast in an update of the state budget that GDP was expected to fall by 3% in 2020. The average year-on-year decline in employment is estimated at 2.1%. According to the Employment Agency, as of June 25, 2020, the registered unemployed were over 277,000 people. On the same date in 2019, there were 170,000 unemployed. As of June 24, “Measure 60/40” saved 155,371 jobs, which cost the state budget over 58.6 million euros.
Russia’s Lukoil said it reserves the right to pursue legal action to defend its rights and legitimate interests in Bulgaria after a special administrator took control of its local assets. LUKOIL Neftohim special administrator removes board chair..
The European Bank for Reconstruction and Development (EBRD) will open a technology center in Bulgaria focused on emerging technologies such as Big Data , artificial intelligence, cybersecurity, and cloud services. This becomes possible after the..
Violations were found in 27% of the inspected sections along the Black Sea coast , according to the control authorities of the Ministry of Environment and Water. Minister Manol Genov ordered the inspection following the October floods in the southern..
The Speaker of the National Assembly has no right to rule unilaterally on a national referendum. This becomes clear from a decision of the Constitutional..
At a meeting in Berlin with Google’s Vice President for Government Affairs and Public Policy for Europe Annette Kroeber-Riel, Minister of E-Government..
On Wednesday, minimum temperatures will range from 5°C to 10°C across the country, reaching 12°C to 17°C in southern Bulgaria and around 8°C in Sofia. It..
+359 2 9336 661