The number of Bulgarian companies which went bankrupt in 2016 was twice higher as compared to 2008 (when the world economic and financial crisis occurred), data of the Registry Agency show. According to analysts, many companies stop functioning, but don’t declare insolvency due to the heavy bankruptcy procedures. People without or with low qualification and skills are at risk of losing their jobs the most. According to forecasts, in 2017 employers will mainly look to hire experts and the number of long-term unemployed will continue to increase.
Romania and Bulgaria have a chance to join the Schengen area by land as of January 2025 , Hungarian Interior Minister Sándor Pinter said after an informal meeting in Budapest of the interior ministers of Hungary, Bulgaria, Romania and Austria ...
The Sofia Christmas Festival will open tonight in the park in front of the National Palace of Culture in the heart of Sofia . The third edition of the festival starts at 6.30 pm with a rich program and attractions - а Ferris wheel, a carousel and..
Yet another, already fifth attempt by MPs to elect a Parliamentary Speaker has failed. Four candidates were put to the vote - Natalia Kiselova from BSP-Unified Left, Petar Petrov from Vazrazhdane, Raya Nazaryan from GERB and Silvi Kirilov from ITN...
According to an analysis by the Electricity System Operator, a shortage of electricity is expected as early as January and February next year. At a..
“It’s time to lift internal border controls now,” European Commissioner for Home Affairs Ylva Johansson believes. In an interview with RFE/RL she..
The Constitutional Court has opened a case following the request by President Rumen Radev for the amendments to the Constitution, endorsed by the 49 th..
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