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 20th International Conference of the Bulgarian Association of Surgeons, Gastroenterologists and Oncologists (BASGO) brought together leading specialists in surgical oncology and gastroenterology in Sofia. The forum was also attended by..
The European Commission has stated that the decision to hold a referendum on the adoption of the euro lies within the competence of Bulgaria’s national authorities. The response follows President Rumen Radev's announcement that he intends to propose..
At a We Continue the Change-Democratic Bulgaria (PP-DB) press conference at the BTA Press Club in Plovdiv, Ivaylo Mirchev of Democratic Bulgaria criticised President Rumen Radev's proposal for a national referendum on the euro, calling it an "extremely..
More than a fifth of Bulgarians are poor, according to an analysis by the Institute for Market Economics. People living in deficit are increasing to..
“I hope that our MPs will fulfill their commitments not only to the eurozone, but also to democracy . It is surprising that people who call themselves..
On Monday before noon, sunny weather will prevail . In the afternoon, it will mainly rain in the southern half of the country. Minimum..
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Partly cloudy, chance of rain