In the second quarter of 2020, Bulgaria was among the less affected countries from job losses or reduction of working hours, Eurostat announced.
Less than 10% of the Bulgarian workers were temporarily made redundant or had to work less hours between April and June this year. Between 2% and 3.5% of the employees lost their job due to closure of businesses because of the coronavirus crisis.
Italy, Greece and Ireland are the EU countries which have been most severely affected by temporary redundancies or reduction of working hours.
Spain, Ireland and Italy have dismissed highest number of workers during the crisis. Eurostat places Bulgaria among the five EU countries with lowest risk of job loss due to coronavirus crisis, investor.bg. informs.
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A Bulgarian company is expanding its production of laser cutting machines in the Sofia-Bozhurishte Industrial Park, the Ministry of Economy announced. The investment is worth 2 million leva (over 1 million euros). The company will build a new..
The tariffs imposed on European goods by the Trump administration are expected to have both direct and indirect effects on Bulgarian exports. The Ministry of Economy and Industry has calculated the direct impact at €468 million, while..
In August 2025, Bulgaria’s annual inflation rate stood at 5.3%, same as in July, according to data from the National Statistical Institute...
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