In the next 3 to 5 years, Bulgaria will experience a shortage of more than 250,000 specialists with higher education. For the past 8 years, Bulgaria has missed the opportunity, which a number of EU countries have taken advantage of, to conclude an agreement with the largest exporter of workforce-India, Dr Petar Velev, Chairman of the Indian-Bulgarian Business Chamber, said in an interview for BTA.
''The agreement in question is a framework document that sets out all the main points on migration and mobility related to the issuance of a work visa, according to the qualifications and specific jobs sought in the country’’, BTA said. Velev gives the example of Germany, which has set the condition that job applicants must be trained in India beforehand for the respective position. India itself wants to ensure that there will be no irregular migration. If someone does not comply with the law in the host country, the Indian authorities are committed to returning them to India, said Petar Velev. He pointed out that at the moment, there are sporadic cases of Indian workers who have chosen Bulgaria for their career.
The Bulgarian state-owed natural gas supplier Bulgargaz has proposed that the price of natural gas for November increases by around 8% to nearly 66 BGN per megawatt-hour, excluding fees and taxes, reported BNR's journalist Yuliana Kornazheva. The..
The growth of the national economy in the second quarter of 2025 accelerated by 3.5% on an annual basis. According to an analysis by the Bulgarian National Bank - BNB, the main factors for the acceleration are the decrease in imports..
For the first time, Bulgaria’s Minister of Finance Temenuzhka Petkova took part as an observer in the regular meeting of the Eurogroup held in Luxembourg, the Ministry of Finance said. Until now, Bulgaria has only participated in Eurogroup..
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