“Bulgaria has solid financial buffers and mechanisms and I am moderately optimistic about our exiting the crisis,” Plamen Dimitrov, leader of the Confederation of Independent Trade Unions in Bulgaria (CITUB) said for the Bulgarian National Radio.
He added that the CITUB’s forecasts of a level of unemployment of almost 10% in the country by the end of the year are corroborated by an analysis by the biggest Bulgarian bank, according to which unemployment will stand at 9%. According to the bank an 8% drop in the GDP is to be expected, as opposed to the 3% set down in the budget. But even if this more negative scenario were to be played out, the reserves Bulgaria has will help it cope. The problems highlighted by Plamen Dimitrov are lack of flexibility in the availability of unemployment benefits, as well as the minimum amount of unemployment benefits – BGN 9 /EUR 4.6/ a day, which is what the unemployed in the tourist and restaurant industry are receiving.
It will be sunny on Wednesday. There will be moderate northerly wind. The lowest temperatures will range from 13°C to 20°C, for Sofia 13°C. Daytime highs will range from 29°C to 34°C, for the capital city 30°C. It will be sunny Over the Black..
The Ministry of Tourism has published for public discussion a draft for amendments to the Tourism Act, which introduce various protections for tourists on organized trips in the event of a tour operator's bankruptcy. The measures also include those..
The National Assembly Defence Committee has given the green light for acquiring the German IRIS-T SLM air defense missile system. The bill was adopted at first reading. 10 MPs voted in favour and 3 MPs abstained. Bulgaria intends to purchase one..
Bulgaria introduces mandatory disinfection of vehicles at all border crossings because of outbreaks of small ruminant plague in Northern..
The fires in the south-western regions of Bulgaria continue , as more than 15,000 decares of forests have already burned. The battle..
On Tuesday , the clouds will be variable, more significant in the afternoon over Eastern Bulgaria and the mountains and in places there will be rain and..
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