Bulgaria’s unemployment fell to 4.6% in March 2019. This is the lowest unemployment rate since 2000, when Eurostat started publishing data about Bulgaria. In February this year unemployment was at 4.7%. One year earlier 5.3% of the Bulgarians in active age were unemployed. In March 2019 the EU unemployment fell to 6.4% and unemployment in the Eurozone fell to 7.7%. The record-low unemployment levels in the whole EU mean that the risk of economic recession is low. Theoretically, the very low unemployment levels in Bulgaria should boost consumer spending and respectively the national economy, which in 2018 suffered from the weakening exports.
Solar power capacity in Bulgaria for electricity production will exceed 4 GW in 2025. This is equal to 4 large nuclear reactors, Dr. Maria Trifonova, a lecturer at the Faculty of Economics of Sofia University, told BGNES. She emphasized that the spread..
The net minimum wage in Bulgaria from 2026 will be 970 leva (467 euros), and the gross minimum wage will be 1,287 leva (620 euros). It will be the lowest in the entire EU . This was told to bTV by Plamen Dimitrov, president of the largest trade union..
Until October 10, the Bulgarian minesweeper “Shkval” and ships from the Naval Mine Countermeasure Group in the Black Sea will participate in the multinational exercise Poseidon-25, the Ministry of Defense announced. The seventh activation of the..
On Tuesday, Bulgaria will experience cloudy and rainy conditions , with prolonged and heavy rain expected in the eastern and northern regions. In the..
The European Commission will announce next month the amount under the Recovery and Resilience Plan (RRP), the payment of which may be withheld if the..
During the night in the Danubian Plain it will be rainy and in places the amounts will be significant. In the southeastern regions of..
Occasional showers
Rain
Scattered showers