Unemployment in Bulgaria continues to drop, and in June stood at 5.2%, the National Employment Agency says, a 0.5% drop compared to May, and a 3.1% drop on an annual basis (from 8.3% in June, 2020)
170,716 is the number of registered unemployed, 15,331 down on May of this year and 102, 651 or 37.6% down on May of last year.
26,090 people started work in June, the biggest number in the processing industry – 19.7%, followed by the hospitality sector – 14.1%, trade – 14.1% and public administration – 11.2%.
Payments on the 60/40 job support anti-crisis measure continue. In June 80,000 workers received a financial subsidy from the state.
Shell Exploration and Production (96) B.V , a subsidiary of Shell, will explore for oil and natural gas in Block 1-26 Khan Tervel, located in Bulgaria's exclusive economic zone in the Black Sea, announced Bulgaria's caretaker Minister of Energy..
The Bulgarian-Moldovan Chamber of Commerce and Industry held a meeting with leading specialists from the energy sector of Bulgaria and Moldova. The online conference was led by the Chairman of the Bulgarian-Moldovan Chamber of Commerce and Industry,..
The draft budget for 2025 proposes a deficit of 3%. The mid-term budgetary forecast targets a deficit of 3% up until 2028. The government debt is to increase to EUR 41.57 billion by 2028. The size of pension insurance is to be preserved in..
Moody's Ratings has affirmed Bulgaria's long-term and short-term rating at Baa1 with a stable outlook. The affirmation of Bulgaria's Baa1 rating..
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