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Demographic processes impede the development of Bulgarian regions

The coronavirus pandemic has deepened economic disparities between Sofia and other Bulgarian regions. It has also resulted in higher unemployment in 2020. According to the annual report of the Institute for Market Economics on the development..

26.01.21 16:32 |

The measures 60/40 and 80/20 have saved over 300,000 jobs in Bulgaria: National Employment Agency

At the end of 2020 unemployment in Bulgaria stood at 6 . 7%.  In December the restrictive measures due to the pandemic were already in place. A number of businesses were again closed but unemployment, compared to November, did not go up, the..

15.01.21 15:41 |

Covid-crisis pushes TUs and employers to demand long-term help from the state

Since the beginning of the pandemic and the lockdown throughout the world, i.e. since March this year, the strain of safeguarding human life and health has inflicted unimagined damage on the economy, affecting, directly or indirectly, every..

29.12.20 17:29 |

Parliament approves loan under EU’s SURE instrument

Bulgaria’s National Assembly has ratified w ithout any debates  the loan agreement with the EU, under which this country will receive funding to the tune of EUR 511 million , BGNES reported.  The money will go to anti-crisis measures aimed..

17.12.20 10:59 |
 Minister of Economy Lachezar Borisov

Minister Borissov: Bulgaria’s economy does well amid Covid-19 pandemic

It will become clear after December 17 whether the anti-epidemic measures will be relaxed, when the analyses of the health and other ministers will be presented, Bulgaria’s Minister of Economy Lachezar Borisov said in an interview for bTV...

14.12.20 11:22 |

Sharp rise of number of newly-registered unemployed

The National Statistical Institute has reported a sharp rise in the number of newly registered unemployed for the first week of December - over 14,200 people. A little over 3,400 people found jobs in the same period thanks..

08.12.20 16:00 |

Сovid-19 in Bulgaria: Day 267

GERB proposes zero VAT for Covid-19 vaccines From January 1, supplies of Covid-19 vaccines shall be taxed with zero VAT. The amendment to the VAT Law was submitted to Bulgaria’s National Assembly. The zero tax will be valid until the end of 2022,..

29.11.20 17:21 |
Minister Denitsa Sacheva

Minister Sacheva expects 7% unemployment at the end of 2020

Unemployment fell from 9% in May to 6.9% in October, this country’s Minister of Labor and Social Policy Denitsa Sacheva said for BNR. She forecasted that unemployment will slightly increase in December, because of the second lockdown and the..

29.11.20 12:36 |

Bulgarian employers against increase of minimum monthly wage

The Bulgarian Industrial Association does not support the proposal which envisages an increase of the minimum monthly salary in Bulgaria from EUR 312 to EUR 332 as of January 1, 2021.   In an open letter to this country’s Deputy Premier Mariana..

17.11.20 16:00 |

Unemployment falls below 7%

Unemployment in this country fell in October to 6.9% from 7.2% in September. Compared to a year earlier, unemployment was higher by 1.3 percentage points, according to data from the Employment Agency. At the end of October, registered unemployed..

16.11.20 15:56 |
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