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.
"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 Monetary Fund, at the high-level conference in Sofia titled ''Bulgaria on the Doorstep of the..
North Macedonia has still not adopted the necessary constitutional amendments aimed at including Bulgarians and other non-majority communities in the..
Bulgaria relies on the efforts of honorary consuls from around the world to help establish new partnerships in the fields of economy, trade, innovation,..
On Tuesday , the lowest temperatures will be between 8 and 13°C; in Sofia - about 8°C. During the day, it will remain cloudy. There..
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