Bulgarians create 9.46 euros of the country's GDP for one hour of work, the National Statistical Institute has announced. In the first quarter of 2020, the GDP per employee has increased by 2.5% on an annual basis to 3,848 euros. The number of employees in the country is 3.398 million, and the hours worked in the first quarter are 1.38 billion.
The share of employees in services sector is growing and their productivity is approaching that of those employed in the industry. Labor efficiency is highest in the industrial sector but this sector also needs greater investment in machinery and equipment to increase productivity.
The lowest productivity is in agriculture, where 1.58 euros of the GDP are created per 1 hour of work.
The Sofia City Court has postponed the extradition case of Igor Grechushkin, the owner of a cargo ship linked to the explosion at the port of Beirut in 2020, which claimed the lives of more than 200 people and injured thousands. The judges requested..
A conference entitled 'Prospects for the Integration of Refugees and Migrants into the Labour Market' is taking place in Sofia today. The event is organised by the Sofia Municipality as part of a project. It will bring together key experts,..
ATMs will be stocked with euros on the night of 1 January 2026, so that by morning everyone will be able to withdraw euro banknotes. Nikola Bakalov, CEO of one of Bulgaria’s leading banks and a member of the Management Board of the Association of Banks..
The Sofia City Court has postponed the extradition case of Igor Grechushkin, the owner of a cargo ship linked to the explosion at the port of Beirut in..
The Road Infrastructure Agency (RIA) has proposed the introduction of temporary restrictions on the movement of heavy trucks weighing over 12 tons along..
Bulgaria has sufficient quantities of fuel and the 90-day reserves are secured at around 98%, Asen Asenov, Chairman of the State Reserve and Wartime..
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