In 2023, the share of young people aged up to 29 neither in employment nor in education, stands at 13.8%, as compared to 15.1% a year earlier. Compared to the other EU countries, this percentage remains high.
1/7th of the young people who are inactive have university degrees, but among them women on maternity leave prevail. Many of the young people who do not work have no education, or are from the minorities, which is a risk factor. The population of working age is shrinking quickly, and this could restrict economic development and investments, researcher Adrian Nikolov from the Institute for Market Economics says for 24 Chasa newspaper. Other risk factors are the lack of planned professional education that can take into account the needs of the labour market, he adds. There is an acute shortage of workers in industry such as welders, machinists, turners, for whom there is a considerable demand, so an increase in salaries is to be expected, Adrian Nikolov says.
For the first time, Bulgaria’s Minister of Finance Temenuzhka Petkova took part as an observer in the regular meeting of the Eurogroup held in Luxembourg, the Ministry of Finance said. Until now, Bulgaria has only participated in Eurogroup..
Since the beginning of the current year, Bulgaria has experienced record heat waves, a series of devastating fires, and a new disaster just days ago – catastrophic floods that claimed human lives . Climate change already has its price – and it is..
Bulgaria will receive EUR 7.4 million in aid from the European Commission to support farmers affected by adverse production conditions in recent months, European Commissioner for Agriculture and Food Christophe Hansen told BTA and clarified that the..
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