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Category: Business in Bulgaria

The Employment Agency Reported 6.7% Unemployment Increase In March
March 19, 2020December 26, 2020

The Employment Agency Reported 6.7% Unemployment Increase In March

The Employment Agency reported 6.7% unemployment in March, when the state of emergency because of the coronavirus was introduced. In comparison with February, unemployment increased by 0.5 percentage points and by 0.8 […]

Many Generous Donations To Fight COVID-19 In Bulgaria
March 19, 2020December 26, 2020

Many Generous Donations To Fight COVID-19 In Bulgaria

There are many generous donation to fight COVID-19 in Bulgaria. Many Bulgarian and US companies have showed solidarity to Bulgarian Hospitals and initiatives. See some of them below: Coca-Cola Bulgaria is supporting front-line personnel fighting COVID-19 in Bulgaria by […]

EC Approves BGN 1.5 Billion State Aid Scheme For Companies In Bulgaria
March 18, 2020December 26, 2020

EC Approves BGN 1.5 Billion State Aid Scheme For Companies In Bulgaria

The European Commission has approved a BGN 1.5 billion (approximately €770 million) Bulgarian wage subsidies support scheme for preserving employment in the sectors most affected by the […]

The State of Emergency Lowered Prices In March
March 18, 2020December 26, 2020

The State of Emergency Lowered Prices In March

The consumer price index in March 2020 compared to February 2020 was 99.4%, i.e. the monthly inflation was -0.6%. The inflation rate since the beginning of the year (March […]

21 Companies Working On Coronavirus Vaccine Or Treatment
March 17, 2020December 26, 2020

21 Companies Working On Coronavirus Vaccine Or Treatment

A mix of legacy drugmakers and small startups have stepped forward with plans to develop vaccines or treatments that target the infection caused by the […]

Three Scenarios For The Мacroeconomic Consequences In Bulgaria Of Fighting COVID-19
March 17, 2020April 14, 2021

Three Scenarios For The Мacroeconomic Consequences In Bulgaria Of Fighting COVID-19

The Institute for Economic Research at the Bulgarian Academy of Sciences proposes three scenarios for the macroeconomic consequences in Bulgaria of fighting COVID-19, the Academy […]

Bulgaria – One Step Away From Getting “Green Light” For Eurozone Waiting Room
March 16, 2020December 26, 2020

Bulgaria – One Step Away From Getting “Green Light” For Eurozone Waiting Room

Bulgaria’s Finance Minister Vladislav Goranov has confirmed that Bulgaria is continuing its plan to enter the ERM-2 exchange rate mechanism. One of the commercial banks in […]

Economy Minister Karanikolov: Bulgaria’s Economy Is Able To Withstand The Crisis
March 16, 2020December 26, 2020

Economy Minister Karanikolov: Bulgaria’s Economy Is Able To Withstand The Crisis

The 60/40 scheme developed by the state authorities to support employment in Bulgaria is right. We are yet to see how different sectors of the […]

43% Of The Bulgarians Expect Lower Incomes Due To The Covid-19 Crisis
March 14, 2020January 2, 2021

43% Of The Bulgarians Expect Lower Incomes Due To The Covid-19 Crisis

43% of the Bulgarians expect that they will receive lower incomes due to the Covid-19 crisis, a survey of Trend sociological agency shows. One-third of […]

EU Unlock €500bn To Support Countries Hit By Coronavirus Pandemic
March 13, 2020January 2, 2021

EU Unlock €500bn To Support Countries Hit By Coronavirus Pandemic

A messy compromise to unlock €500bn (£438bn) of EU support for countries hit hardest by the coronavirus pandemic has been struck after Italy’s prime minister, Giuseppe […]

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