Nearly 1/4 of young people who graduated from a university in Bulgaria in the past 5 years do not pay social insurance taxes in this country. The average income of graduates is 473 euros a month and unemployment rate is below 4 percent, according to data of the rating system of higher education institutions in Bulgaria for 2015. In the first five years after graduation less than half of employed university graduates work in a position that requires higher education. The lowest unemployment - less than 1% and the highest level of application of the acquired higher education - 90%, is observed among medicine and pharmacy graduates and in the military sphere. Unemployment is the highest among those who graduated in livestock entrepreneurship, history and archaeology.
Great Britain has issued a special license on Friday that allows businesses to continue to work with two Bulgarian subsidiaries of sanctioned Russian oil company Lukoil, Reuters and BNR Horizont reported. The general license allows companies and banks to..
The leader of "We Continue the Change", Asen Vassilev, described the selection of Rumen Spetsov as a special manager at Lukoil as a "bad joke". "Rumen Spetsov was appointed to collect taxes, not to manage a refinery. There is a..
The nominated person for special manager for the four companies of "Lukoil Bulgaria" is Rumen Spetsov, Minister of Economy, Petar Dilov, said. "He meets all legal requirements", Dilov added. The decision was discussed at the Security..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
On Tuesday, overnight lows will range from 7°C to 12°C, rising to 12–16°C in eastern Bulgaria and around 9°C in Sofia. It will be a cloudy day with rain,..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
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