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,..
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..
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..
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..
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..
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..
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..
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..
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..
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..
