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.
Plamen Dimitrov, president of Bulgaria’s largest trade union, the Confederation of Independent Trade Unions in Bulgaria (CITUB), has warned of a potential shortfall of around 17–18 billion leva (EUR 8.7–9.2 billion) in next year’s draft budget...
North Macedonian Prime Minister Hristijan Mickoski said his government will not unconditionally recognise Bulgarians in the country’s constitution. “Nobody has the right to expect this government to make constitutional changes unconditionally,” he told..
‘The Bulgarian Rectors’ Council has proposed the creation of Danube University Alliances,’ said Professor Miglena Temelkova, the Council's chair, at the ‘Days of Bulgaria in Kecskemét, Hungary’ forum. The idea is for the alliances to include..
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