The unemployment rate in Bulgaria stood at 5.41% in July, the National Employment Agency says.
152,844 is the number of unemployed persons registered last month, and 14,542 started work. An increase in the number of job vacancies has been registered, with teachers, workers in mining, the processing and the food industry in demand most. According to the National Statistical Institute, in June there were 130,300 unemployed, 55.1% of them men and 44.9% women. Compared to a year earlier the number of unemployed persons has gone down by 107,000 or 7.6%. The total number of economically inactive persons over the age of 15 is 2,449,000, of them 40.4% are men and 59.6% women.
After the election for parliament on 27 October, the caretaker government has to submit a draft of a budget for 2025 to parliament by the end of the month. Some economic analysts say the budget of the country for 2024 is the worst in the past decade. Holes..
Bulgaria's economy will grow by 2.3 per cent this year. This is according to the latest World Economic Outlook prepared by the International Monetary Fund and presented today in Washington. This is down from the Fund's April estimate, which predicted that..
In 2023, the government budget deficit was 2% of GDP or €1.9 billion. This is indicated by the final data of the National Statistical Institute. This is a significant narrowing of the budget deficit compared to the previous 3 years...
We are moving towards the option of not having a quickly adopted budget for 2025, Lachezar Bogdanov, chief economist from the Institute..
If the political crisis continues, the lost benefits will reach a threshold after which the Bulgarian business will begin to lose competitiveness due to..
Bilateral relations between Bulgaria and Argentina have received a new impetus for development following the visit of an Argentine delegation from the..
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