Staff cuts are underway, or are forthcoming in no less than 12 big and medium-sized enterprises from the processing and the light industry, indicate data of the Confederation of Independent TUs in Bulgaria (CITUB).
A total of 96 big and medium-sized enterprises employing a staff of almost 48,000 have been affected negatively by the Covid-19 crisis. Besides tourism, hotel and restaurant keeping, the spheres affected are water supply and sewerage, the timber industry, urban and inter-city transport, the light and the processing industry. The problems are connected with postponed commissions and payments, frozen international markets.
Protecting the rights and caring for Bulgarian communities abroad are fundamental to Bulgarian foreign policy, said Bulgarian President Rumen Radev at a meeting with the Bulgarian community in Riyadh . He answered the questions of Bulgarians working and..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the earthquake. The epicenter was near the city of Sundargah in the Balıkesir province. In addition to..
The Bulgarian National Bank reports a sharp increase in new household deposits . The growth in euro deposits is impressive. In just one month, amounts worth 334 million leva (over 161 million euros) were placed in deposit accounts. This is 57% more than..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the..
Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code ,..
Bulgaria’s Vertical Gas Corridor project is on track for completion by the end of 2026 , according to Energy Minister Zhecho Stankov, who stressed that..
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