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.
The Bulgarian National Bank published a review of measures aimed to address the risks to the banking system, including those stemming from loans secured by residential real estate. ''Such concerns are well-founded given the situation in the real..
The international rating agency Standard & Poor's (S&P Global Ratings) has affirmed Bulgaria's 'BBB/A-2' long-term and short-term foreign and local currency sovereign credit ratings. The rating outlook remains positive. If a stable..
In the next 3 to 5 years, Bulgaria will experience a shortage of more than 250,000 specialists with higher education. For the past 8 years, Bulgaria has missed the opportunity, which a number of EU countries have taken advantage of, to conclude an..
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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