Despite the government’s emergency measures for financial support in a number of sectors, the economic and social consequences of the coronavirus crisis are already visible at employment offices, judging by the fact that queues have formed in front of them.
Iztok employment office in Sofia, which is in charge of 250,000 people who are actively involved in the work process, has registered a 50% increase in the number of unemployment declarations submitted over the past few days. According to Employment Agency data 12,660 people have been registered during the week, 10,000 of whom point to COVID-19 as the reason why they were laid off.
According to Eurostat data, in February the unemployment rate in Bulgaria stood at 4.1% for the second month running. Such an unemployment rate placed the country in 9th position among the EU member countries with the lowest unemployment levels.
GERB leader Boyko Borisov has told the media that he personally participated in talks with American representatives on the lifting of the Magnitsky sanctions against Bulgarian citizens. He said that he also spoke on the subject with David Cameron while..
On Thursday minimum temperatures will range between 6 and 11° C., for Sofia around 8° C. During the day the weather will continue cloudy and rainy. The rain will be more significant in Eastern Bulgaria, and in the afternoon – in Central Bulgaria...
The European Commission has decided to withhold EUR 215 million from the second payment under Bulgaria’s recovery and resilience plan, the EC told the Bulgarian National Radio. The country is to receive EUR 439 million. EU may cut money for..
The Ministry of Finance and the Bulgarian National Bank are organizing a high-level conference today titled ''Bulgaria on the Doorstep of the Eurozone''...
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..
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