There are over one million inactive persons on the Bulgarian labour market. They don't study, don't work and are not registered with the labour offices. This "army" has huge untapped potential, National Employment Agency Director Smilen Valov said. The typical profile of the inactive person in the country is a 56-year-old woman with a secondary education, living in the city. The National Employment Agency will create a register for this group which will help exploit this potential, Smilen Valov went on to say.
''It is particularly risky at the moment to leave them out of state support, especially young people who neither study nor work, they are the future", Smilen Valov said. In his words, 56% of the persons activated by the National Employment Agency successfully find their place in the labour market.
There are no plans for the privatization of the Vazovski Machine-Building Plants (VMZ) in Sopot, and the information circulating in this regard is speculative, said Bulgaria’s Minister of Economy and Industry Petar Dilov at a working meeting..
In 2024, the real estate market in Bulgaria registered a significant rise, with prices increasing by around 16%, and the number of real estate transactions going up as well. Real estate prices along the Black Sea coast have continued to grow,..
The real estate market in Bulgaria has steadily been growing in the past few years. There has been talk of a price bubble, inflated to serious proportions at the time of the pandemic, though expectations that it is going to burst have come to nothing...
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