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.
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..
Nearly 24 hours after it was closed, Danube Bridge linking Ruse and Giurgiu is now open for trucks, regional governor Dragomir Draganov said. At 9 a.m. on November 5, trucks were allowed to pass through the facility. On November 4,..
The National Association of Tobacco Producers - 2010 opposes the proposal for banning public support for tobacco cultivation in the EU. A letter to the Ministry of Agriculture quotes the position of the largest European agricultural..
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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