In the medium term, employers expect high economic growth and will need 243,000 professionals with higher education and 245,000 with secondary education. 194,000 people will be needed in the spheres trade, tourism and transport. The industry sphere will need 68,000 workers, while construction will need 46,000. Government, education and health would need 73,000 new employees. A significant shortage of medical professionals is expected.
According to the analysis of the Institute for Market Economy, at this stage the shortage of personnel has no visible solution. Demographics point to a rapid decline of the working age population. Integration policies for the inactive and for groups with limited access to the labor market are lagging behind and the country is far from being among the most attractive ones for foreign workers.
The financial situation in the country is critical, Finance Minister Temenuzhka Petkova says. Which means that the good news – the slowing inflation rate (on an annual basis) and Bulgaria’s full accession to the Schengen area at the beginning of the..
Moody's Ratings has affirmed Bulgaria's long-term and short-term rating at Baa1 with a stable outlook. The affirmation of Bulgaria's Baa1 rating reflects the rating agency's expectations that Bulgaria's debt and creditworthiness indicators will remain..
On January 27th, government securities for 150 million euros (300 million leva) will be offered on the domestic market , the Bulgarian National Bank (BNB) announced. The bonds will have a maturity of 7 years and an annual interest rate of 3.25%. On..
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