Unemployment in Bulgaria is now at the level of 4.9%, the National Statistical Institute has reported. A decline of 1.4% was marked in comparison to the first quarter of 2021. The economic activity rate for the population aged 15-64 reached 72%, increasing by 0.6% on an annual basis.
Nearly 28% of people in this age group are economically inactive. 1/3 of them have not entered the labor market because they are still studying. There are about 55,300 discouraged people aged 15-64, or 4.5% of the economically inactive in the same age group.
10.6% of the unemployed have higher education, 52.1% have secondary education, and 37.3% have primary or lower education.
To insist on seeking a military settlement to the conflict in Ukraine is a losing venture. Europe should support the efforts of the US to find a better solution, said President Rumen Radev at the Chief of Defence Annual Conference in Sofia. At..
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Bulgaria is to take part in common procurement procedures in the sphere of defence at an EU level, under projects for the acquisition of IRIS-T air defence systems and CAESAR self-propelled howitzers. The Ministry of Defence applied for and..
Hristo Stoichkov has been appointed the Sports Tourism Ambassador for the World Tourism Organization (UN Tourism). This became clear at an official..
Increasing energy connectivity between countries in the region of Southeast Europe will reduce electricity prices, increase competitiveness and security..
The common will and economic potential of the two countries are important prerequisites for the upward development of bilateral relations, said President..
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