Every second active company in Bulgaria does not have even a single employee and only its owner works in it, a survey of the National Statistical Institute shows. Every newly-established company functions for slightly less than one year on average, the survey further shows. In 2016 the number of sole proprietorship companies amounted to nearly 170,000, or 48.8% of all 347,000 companies in Bulgaria. Nearly 127,000 companies, or just over a third of all functioning companies, employ up to four people. Only 7.9% of the companies employ over ten people, NSI informs.
The euro area unemployment rate stabilised for the second consecutive month in May at 6.4%, the lowest level since 1998. In Bulgaria the unemployment rate fell from 4.5% in April to 4.4% in May. Youth unemployment (under 25s) in the country is 14%...
The question is not whether Ukraine will join NATO, but when. The answer depends on the theatre of war and the ability to achieve a lasting peace, Bulgarian President Rumen Radev said at the opening of The Economist's 28th Governmental Roundtable, held..
The caretaker government has fulfilled its main task successfully – organizing fair and transparent elections for National Assembly and for European Parliament. All activities were transparent and within the deadlines set, the caretaker cabinet with..
The caretaker government has fulfilled its main task successfully – organizing fair and transparent elections for National Assembly and for European..
An orange code warning for dangerous precipitation has been issued for seven districts in Central Bulgaria. From midnight on Wednesday, precipitation and..
The exhibition "The Buckles – a Universe of Signs" by the Ruse Regional Museum of History is visiting Burgas. The exposition, which will be opened today..
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