All News on Economics in Bulgaria
Some 250 Thousand Unemployed Bulgarians Not Seeking Work – Eurostat
Some 253 thousand Bulgarians are unemployed, and are not actively seeking for a job, according to Eurostat latest data on potential additional labor force in the EU.
Bulgaria's Property Sales to Russians See Contradictory Trends
Two very different trends are observed in the real estate sales forecast in Bulgaria to Russian citizens during the spring - summer season.
Experts Warn about Property Bubble Risk in Eastern Bulgaria
Major players in the construction industry have cautioned about a bubble risk on the real estate market and in the construction sector in eastern Bulgaria in the next few years.
Bubble fears are explained with the fact that the demand for vacation properties, mostly by Russian-speaking citizens, is concentrated there, according to reports of investor.bg.
IMF: Deflation and High Unemployment in Bulgaria in 2014
Consumer prices in Bulgaria will drop by 0.4% in 2014, which means there will be deflation, said the IMF in its spring World economic outlook.
The Fund has increased its forecast for Bulgaria's GDP by 0.1%, to 1.6%. The expectations for the unemployment, however, remain pessimistic. It is expected that by the end of the year it will be 12.5%.
Privatization in sport "inevitable" - minister
Privatization in sport "inevitable" - minister
SOFIA -- Vanja Udovičić said on Tuesday that privatization in sport was "inevitable" and that the issue will be raised after the new government is formed.
Bulgaria at the Forefront In Mortality Rates - CIA
Bulgaria is ranked sixth in the world in terms of mortality rates in CIA's World Factbook for March 2014, published on the website of the agency.
Bulgaria Sees Minimal Drop in Unemployment in Feb 2014 - Eurostat
Unemployment rates in Bulgaria recorded a minimal 0.1% drop in February to 12.1%, according to latest data published by Eurostat.
Youth Unemployment Drops on Monthly Basis - Bulgaria's Social Min
The problem of youth unemployment in Bulgaria remains serious, but still there is an optimistic trend, according to Social Minister Hasan Ademov.
The Best Long-term Real Estate Investment: Farmland
From CNBC.com
Author: Richard McGill Murphy
Illiteracy In Bulgaria Creates Employment Problems
Illiteracy in Bulgaria creates serious problems in communication between employers and those seeking employment.
Contactless Payments On The Rise in Europe
The European consumers made more than 340 million contacltess payments in 2013, shows the data of Visa Europe.
The sum spent via contactless payments increased threefold and reached EUR 453 M.
The growth is explained with the increasing popularity of such type of payments.
Bulgaria's Government to Take A Loan
Bulgaria's Government approved the preparations for issuing state bonds at the international stock market, said the Government press office.
The Government authorized Finance Minister Petar Chobanov to negotiate with the selected managing banks and the legal consultants, as well as to sign on behalf of the state all necessary documents.
Social Insurance in Bulgaria Won't Be Raised
The social insurance for pension plans and unemployment is impossible at this stage, said Bulgaria's Minister of Labour and Social Policies Hasan Ademov.
The proposal for one percent increase in the sums deducted for pensions and unemployment benefits was made by one of Bulgaria's major trade unions, KNSB, last week.
Consortium of 3 Banks to Sell Bulgarian Govt Bonds Worth BGN 3 B
Bulgaria's Finance Ministry has picked a consortium of three banks, JP Morgan, Citibank and HSBC, to sell government bonds worth BGN 3 B on international markets.
Consumer Loan Act Changes Pass 1st Reading in Bulgaria's Parliament
A set of amendments to the Consumer Loan Act passed first reading in Bulgaria's Parliament.
The legal changes, put forth by Yordan Tsonev, MP from liberal party Movement for Rights and Freedoms (DPS) and Rumen Gechev, MP from the Bulgarian Socialist Party (BSP), were approved with 99 votes in favor, 4 votes against and 7 abstentions, according to reports of dnevnik.bg.