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9,200 lose job since beginning of November

In September and October 564 employers presented more than 4,000 available jobs at labour exchanges, National Employment Agency data show. According to the National Statistical Institute (NSI), the number of newly registered unemployed during..

13.11.20 15:13 |

EC adjusts expectations of decline in Bulgarian economy

The GDP of Bulgaria will shrink by 5.1 % in 2020, but will grow by 2% in 2021 and 3.7% in 2022, indicates the European Commission’s autumn economic forecast. In July Brussels predicted a bigger decline for the country (-7.1%), but also a higher..

05.11.20 12:44 |

New social measure for the unemployed

The Ministry of Social Affairs has been planning a new measure in the coronavirus crisis - to provide assistance of about 12 euros per day directly to workers who have lost their jobs because of closed businesses, Minister of Social Affairs Denitsa..

01.11.20 14:55 |
Social Minister Denitsa Sacheva

Bulgarian government to look for opportunities to support pandemic-hit sectors

Bulgaria's Ministry of Social Affairs will look for ways to use European funds to help employers who have to stop their operation due to the pandemic, Social Affairs Minister Denitsa Sacheva told reporters . According to Sacheva, who is taking part in a..

28.10.20 16:20 |

Unemployment rising in October

The newly registered unemployed people exceeded 300,000, the Employment Agency has reported. From February 3 to October 11, just over 193,000 people found work through employment offices. The analysis of a labor market survey shows that since..

15.10.20 13:01 |

CITUB: Debt is largely mandatory

The Bulgarian state has placed two 2.5 billion-euro loans on international markets with maturities of 10 and 30 years. The yield is 0.4% for 10-year bonds and 1.48% for 30-year bonds. This has been a record low interest rate ever received by the..

24.09.20 15:58 |

Parliament ratifies EU SURE temporary unemployment risks instrument

Bulgaria may take out a loan of more than half a million euro by 2022 for unemployment risk support in connection with Covid-19. This was made possible after parliament ratified definitively the European instrument for temporary support to..

09.09.20 11:53 |

Number of unemployed on the rise at start of September

The newly registered unemployed persons in Bulgaria are again more those who found new hobs , data of the National Statistical Institute shows.  The specialized labour market monitoring due to Covid-19 for the period from August 31 to September 6, a..

08.09.20 17:15 |

State-funded wage support schemes keep Bulgaria’s unemployment at 7.9%

Between March 13 and June 30, nearly 180,000 people have kept their jobs in more than 25,000 companies due to the initial version of the 60/40 wage support scheme. Between July 15 and August 27 a total of 3,776 applications for compensations of..

03.09.20 09:53 |

Bulgaria to apply for 500 mln euro loan under SURE

The Bulgarian government has approved a draft request for financial support of BGN 1 billion (over EUR 500 million). The request will be addressed to the European Commission under the SURE instrument for mitigating the risks of unemployment. The..

05.08.20 16:51 |
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