“Bulgaria had the fastest and most adequate reaction to both the medical and the economic threat posed by the Covid-19 pandemic,” writes Prime Minister Boyko Borissov on Facebook, and adds that the measures taken were put into effect very early on and affected a great many people.
“The 60/40 wage support scheme alone saved over 300,000 jobs,” the Bulgarian prime minister writes further. “If it weren’t for the government’s measures, unemployment, which now stands at 7.5%, would now be 14%,” he adds.
According to Boyko Borissov, since 13 May the number of unemployed has been going down by 400-500 persons a day. The prime minister writes further that the most difficult times for the health system and for the economy are yet to come, but that data show that the country is on the right track.
Unemployment benefits in Sofia continue to be above the minimum wage, according to the latest data from the National Social Security Institute. It is the highest in the country and is on average 1,145 leva (585.43 EUR). The lowest unemployment..
"Yes, Bulgaria" party (part of "Democratic Bulgaria") have defined the budget for next year as an "economic tsunami". MP Ivaylo Mirchev was firm that the pary will oppose it when the project comes up for discussion in parliament. "Yesterday we were..
Bulgarian President Rumen Radev has presented the national flag to the participants in the 34th Bulgarian Antarctic Expedition. At a ceremony in the Hall of Arms, the flag was accepted by the head and doyen of Bulgarian research in the White Continent,..
The euro will help, but it does not on its own guarantee higher standards of living, said Kristalina Georgieva, Managing Director of the International..
The European Commission has presented a proposal for developing high-speed railway lines within the EU until 2040, linking the capitals in the EU, among..
Prokopan is the only railway tunnel on the Plovdiv-Burgas line. This became clear during a visit by Deputy Minister of Transport Lyuben Nanov, who was..
+359 2 9336 661