In the second quarter of 2020, Bulgaria was among the less affected countries from job losses or reduction of working hours, Eurostat announced.
Less than 10% of the Bulgarian workers were temporarily made redundant or had to work less hours between April and June this year. Between 2% and 3.5% of the employees lost their job due to closure of businesses because of the coronavirus crisis.
Italy, Greece and Ireland are the EU countries which have been most severely affected by temporary redundancies or reduction of working hours.
Spain, Ireland and Italy have dismissed highest number of workers during the crisis. Eurostat places Bulgaria among the five EU countries with lowest risk of job loss due to coronavirus crisis, investor.bg. informs.
Bulgaria and the US have already signed an agreement on the automatic exchange of tax information. The document was signed by Deputy Prime Minister and Finance Minister Lyudmila Petkova and US Ambassador to Bulgaria Kenneth Merten. "Administrative..
In May, the economic situation in the country improved for a second month in a row. There was an improvement in retail trade, construction and services, but there was a decline marked in industry. In construction, industry and services, no price..
The Bulgarian National Bank held an auction for the sale of securities with 3-year maturity at a 3% interest rate. At the auction, the Ministry of Finance offered bonds worth EUR 150 million. Interest will be paid once in 6 months, with the loan..
Until the end of 2024, businesses will continue to receive compensations for high electricity prices. They will be 100% after a price..
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