Employment is the main topic in the EU when it comes to overcoming the consequences of the economic crisis. Thousands of businesses have remained closed since the beginning of the pandemic and millions of Europeans have lost their jobs, while most..
The Ministry of Economy and the Ministry of Labor and Social Policy have granted nearly EUR 800 million to the business, Bulgaria's Minister of Economy Lachezar Borisov told the media. EUR 30 million has been granted to the Bulgarian business in the..
The coronavirus pandemic has deepened economic disparities between Sofia and other Bulgarian regions. It has also resulted in higher unemployment in 2020. According to the annual report of the Institute for Market Economics on the development..
At the end of 2020 unemployment in Bulgaria stood at 6 . 7%. In December the restrictive measures due to the pandemic were already in place. A number of businesses were again closed but unemployment, compared to November, did not go up, the..
Since the beginning of the pandemic and the lockdown throughout the world, i.e. since March this year, the strain of safeguarding human life and health has inflicted unimagined damage on the economy, affecting, directly or indirectly, every..
Bulgaria’s National Assembly has ratified w ithout any debates the loan agreement with the EU, under which this country will receive funding to the tune of EUR 511 million , BGNES reported. The money will go to anti-crisis measures aimed..
It will become clear after December 17 whether the anti-epidemic measures will be relaxed, when the analyses of the health and other ministers will be presented, Bulgaria’s Minister of Economy Lachezar Borisov said in an interview for bTV...
The National Statistical Institute has reported a sharp rise in the number of newly registered unemployed for the first week of December - over 14,200 people. A little over 3,400 people found jobs in the same period thanks..
GERB proposes zero VAT for Covid-19 vaccines From January 1, supplies of Covid-19 vaccines shall be taxed with zero VAT. The amendment to the VAT Law was submitted to Bulgaria’s National Assembly. The zero tax will be valid until the end of 2022,..
Unemployment fell from 9% in May to 6.9% in October, this country’s Minister of Labor and Social Policy Denitsa Sacheva said for BNR. She forecasted that unemployment will slightly increase in December, because of the second lockdown and the..
