There are over one million inactive persons on the Bulgarian labour market. They don't study, don't work and are not registered with the labour offices. This "army" has huge untapped potential, National Employment Agency Director Smilen Valov said. The typical profile of the inactive person in the country is a 56-year-old woman with a secondary education, living in the city. The National Employment Agency will create a register for this group which will help exploit this potential, Smilen Valov went on to say.
''It is particularly risky at the moment to leave them out of state support, especially young people who neither study nor work, they are the future", Smilen Valov said. In his words, 56% of the persons activated by the National Employment Agency successfully find their place in the labour market.
The financial situation in the country is critical, Finance Minister Temenuzhka Petkova says. Which means that the good news – the slowing inflation rate (on an annual basis) and Bulgaria’s full accession to the Schengen area at the beginning of the..
Moody's Ratings has affirmed Bulgaria's long-term and short-term rating at Baa1 with a stable outlook. The affirmation of Bulgaria's Baa1 rating reflects the rating agency's expectations that Bulgaria's debt and creditworthiness indicators will remain..
On January 27th, government securities for 150 million euros (300 million leva) will be offered on the domestic market , the Bulgarian National Bank (BNB) announced. The bonds will have a maturity of 7 years and an annual interest rate of 3.25%. On..
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