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 Minister of Economy Lachezar Borisov

Minister Borissov: Bulgaria’s economy does well amid Covid-19 pandemic

It will become clear after December 17 whether the anti-epidemic measures will be relaxed, when the analyses of the health and other ministers will be presented, Bulgaria’s Minister of Economy Lachezar Borisov said in an interview for bTV...

14.12.20 11:22 |

Sharp rise of number of newly-registered unemployed

The National Statistical Institute has reported a sharp rise in the number of newly registered unemployed for the first week of December - over 14,200 people. A little over 3,400 people found jobs in the same period thanks..

08.12.20 16:00 |

Сovid-19 in Bulgaria: Day 267

GERB proposes zero VAT for Covid-19 vaccines From January 1, supplies of Covid-19 vaccines shall be taxed with zero VAT. The amendment to the VAT Law was submitted to Bulgaria’s National Assembly. The zero tax will be valid until the end of 2022,..

29.11.20 17:21 |
Minister Denitsa Sacheva

Minister Sacheva expects 7% unemployment at the end of 2020

Unemployment fell from 9% in May to 6.9% in October, this country’s Minister of Labor and Social Policy Denitsa Sacheva said for BNR. She forecasted that unemployment will slightly increase in December, because of the second lockdown and the..

29.11.20 12:36 |

Bulgarian employers against increase of minimum monthly wage

The Bulgarian Industrial Association does not support the proposal which envisages an increase of the minimum monthly salary in Bulgaria from EUR 312 to EUR 332 as of January 1, 2021.   In an open letter to this country’s Deputy Premier Mariana..

17.11.20 16:00 |

Unemployment falls below 7%

Unemployment in this country fell in October to 6.9% from 7.2% in September. Compared to a year earlier, unemployment was higher by 1.3 percentage points, according to data from the Employment Agency. At the end of October, registered unemployed..

16.11.20 15:56 |

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 |
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