In May 2020 industrial production in the EU increased with 11.4%, thus making up for some of the collapse registered in the previous two months caused by the Covid-19 pandemic. However, industrial production in Bulgaria in May continued to decline. It fell 0.1% as compared to April, data of Eurostat show. In March and April industrial production in Bulgaria shrank by a total of 16.7% due to the coronavirus pandemic. In May 2020 industrial production fell 16.1% as compared to May 2019. Bulgaria’s industry cannot overcome the crisis due to the ongoing crisis in exports which declined 21.4% in May 2020 as compared to May last year. Exports of fuels, machines and car parts are most affected by the Covid-19 crisis.
Bulgaria’s Employment Agency reported a stable labour market in September, with the registered unemployment rate standing at 5.06%, down from 5.2% in August. Around 17,000 people found jobs through labour offices during the month, nearly 3,000 of..
Three Air Force officers were presented with the Presidential Badge of Honor, BTA reports. The head of state presented the award to Major General of the Reserve Ivan Parapunov, Lieutenant Colonel Stefan Stefanov and Major Dimitar..
Early elections will not help anyone. If elections were held now, the caretaker government would have no power to draft the most difficult budget in the past 30 years. This was what the president of the Confederation of Independent..
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