The unemployment rate in Bulgaria is expected to jump to 7% in 2020, after having reached historic lows of 4.2% in 2019, the economic forecast of the European Commission shows. Job losses are set to be most pronounced in the services sector (retail trade, transport, hospitality industry) which will function at up to 40% of their full capacity. In 2021 a partial recovery in employment is expected and unemployment rate is expected to decrease to 5.8%.
Commissioner for Economy Paolo Gentiloni expects that Bulgaria’s budget deficit will be below 6% of the GDP. Bulgaria’s consumer price inflation is expected to fall from 2.5% in 2019 to 1.1% in 2020 and stay at that level in 2021. General government debt is expected to increase and reach 25.5% of the GDP in both 2020 and 2021.
A priority in the system of education is a better quality of education at university by way of a higher motivation of the students and the lecturers. The requirements in the appraisal of their work and their academic development will be higher...
A week of school competitions, part of the 15 th edition Bulgarian National English Spelling Bee has opened at the Academician Prof. Dr. Asen Zlatarov secondary school of natural sciences and mathematics in Botevgrad. More than 7,000 students..
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Citizens of Serbia gathered on February 9 for a 15-minute silent protest under the slogan “Sofia supports the students” in front of the Serbian embassy in..
On February 7, a border patrol with Frontex officers, after hours of surveillance, seized a car with two Italian citizens, one from Spain and one from..
From February 10 to 22, the largest NATO military exercise of the year, Steadfast Dart - 2025 (STDT25), will be held in the areas of the Tsrancha..
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