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.
The third vote of no confidence against the cabinet of Rosen Zhelyazkov has also proved unsuccessful. 130 of the MPs present from GERB - SDS, BSP - United Left, ITN and "DPS - New Beginning" voted against the proposal. 54 MPs from..
Foreign Minister Georg Georgiev has met with ambassadors and diplomats from EU Member States, the US, Canada, the UK and Switzerland in Bulgaria. The diplomats were briefed in detail on the increasing trends of institutional..
A concession will be granted for the Port of Varna, which is an opportunity for investments worth hundreds of millions, Deputy Prime Minister Grozdan Karadzhov told the Parliamentary Committee on Transport and Communications, as quoted by..
Bulgaria appreciates Oman's important role in de-escalating tensions and achieving stability and lasting peace in the region. This is according to Head of..
Bulgaria’s Premier Rosen Zhelyazkov extended his warmest congratulations to the President, the government and the people of the United States on the..
Ferry operations near Oryahovo have been suspended d ue to low water levels in the Danube River. The situation is not unprecedented and occurs every..
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