The unemployment rate in Bulgaria stood at 5.41% in July, the National Employment Agency says.
152,844 is the number of unemployed persons registered last month, and 14,542 started work. An increase in the number of job vacancies has been registered, with teachers, workers in mining, the processing and the food industry in demand most. According to the National Statistical Institute, in June there were 130,300 unemployed, 55.1% of them men and 44.9% women. Compared to a year earlier the number of unemployed persons has gone down by 107,000 or 7.6%. The total number of economically inactive persons over the age of 15 is 2,449,000, of them 40.4% are men and 59.6% women.
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The Bulgarian National Bank (BNB) announced that it is lowering the base interest rate to 3.63% as of July 1. In May and June, the base interest rate was 3.78%. Bulgaria is in a currency board and the Bulgarian lev is pegged to the euro. Therefore,..
Bulgaria fulfils three of the Maastricht criteria for joining the euro zone, but still does not meet the price stability and inflation targets, according to a report by the European Commission, as quoted by BTA. Bulgaria does not currently meet the..
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