The number of Bulgarian companies which went bankrupt in 2016 was twice higher as compared to 2008 (when the world economic and financial crisis occurred), data of the Registry Agency show. According to analysts, many companies stop functioning, but don’t declare insolvency due to the heavy bankruptcy procedures. People without or with low qualification and skills are at risk of losing their jobs the most. According to forecasts, in 2017 employers will mainly look to hire experts and the number of long-term unemployed will continue to increase.
Prime Minister Rosen Zhelyazkov and Deputy Prime Minister Tomislav Donchev cancelled the meeting, scheduled for today, of the National Tripartite Council on the draft budget for 2006 after, in an unprecedented move, businesses decided not to take..
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 them a direct link Bucharest-Sofia-Athens. According to the plan, using the trans-European..
President Rumen Radev has returned for a new discussion in parliament the adopted legal amendments, according to which the sale of assets of Russian company Lukoil in the country will take place after a decision of the Council of..
Birth rate in Bulgaria has decreased by 33% over the past three decades. In 1994, 79,442 live births were registered in the country, while in 2024 the..
The police have neutralized an organized crime group that transported migrants from Burgas through Sofia to the Serbian border, Sofia..
The majority in parliament overcame the president's veto on the Investment Promotion Act. The bill was passed in second reading on..
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