Bulgarians create 9.46 euros of the country's GDP for one hour of work, the National Statistical Institute has announced. In the first quarter of 2020, the GDP per employee has increased by 2.5% on an annual basis to 3,848 euros. The number of employees in the country is 3.398 million, and the hours worked in the first quarter are 1.38 billion.
The share of employees in services sector is growing and their productivity is approaching that of those employed in the industry. Labor efficiency is highest in the industrial sector but this sector also needs greater investment in machinery and equipment to increase productivity.
The lowest productivity is in agriculture, where 1.58 euros of the GDP are created per 1 hour of work.
On Wednesday, minimum temperatures will range from 5°C to 10°C across the country, reaching 12°C to 17°C in southern Bulgaria and around 8°C in Sofia. It will be a cloudy day with rain, mainly in northern and western Bulgaria, and this will continue..
At a meeting in Berlin with Google’s Vice President for Government Affairs and Public Policy for Europe Annette Kroeber-Riel, Minister of E-Government Valentin Mundrov stated that Bulgaria’s partnership with the tech giant is of strategic importance in..
The Speaker of the National Assembly has no right to rule unilaterally on a national referendum. This becomes clear from a decision of the Constitutional Court in relation to the refusal of former Parliament Speaker Natalia Kiselova to submit for..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
On Tuesday, overnight lows will range from 7°C to 12°C, rising to 12–16°C in eastern Bulgaria and around 9°C in Sofia. It will be a cloudy day with rain,..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
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