Bulgaria's negative GDP of -3.9% in 2020 and the expected growth of 4% for the first quarter of 2021 show that the economic recovery is close. But there are challenges that could bring back the recession. Such are the lack of private consumption and investment, stagnation in foreign trade, lack of supplies and components from Asia and Europe, which blocks production. This was stated by Plamen Dimitrov, manager of Coface Bulgaria, during the webinar on the topic: "Is a recession expected in the Bulgarian economy?", BTA reported.
120,000 people employed in coal-fired power plants are at risk of losing their jobs and are facing emigration, warn experts from the Podkrepa Confederation of Labour . Regarding the Green Deal, trade unionists exchanged experience with their..
The state of the Bulgarian labor market at the end of 2023 points to a tendency towards stagnation. This is the conclusion of an analysis of the Institute for Market Economy. As of mid-2021, the unemployment rate remains in the..
The German company Kayser Automotive will invest in a production facility for components such as piping systems, valves and tank parts in Pleven, Bulgarian Property Developments (BPD) said. The amount of the investment was not disclosed. The factory..
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