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.
Bilateral relations between Bulgaria and Argentina have received a new impetus for development following the visit of an Argentine delegation from the Chaco province to Bulgaria at the beginning of November . High-ranking officials from the..
Employers are contesting the rise of the minimum wage. The Bulgarian Industrial Capital Association announced that they filed a complaint in the Supreme Administrative Court. About 430,000 people in the country work for minimum wage...
If the political crisis continues, the lost benefits will reach a threshold after which the Bulgarian business will begin to lose competitiveness due to growing deficits in education, healthcare, infrastructure, regional development and demographics...
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