NEWS +
-
Total Hourly Labour Costs Grow By 11.9% Y-Y
March 20 (BTA) - In the fourth quarter of 2019, total hourly labour cost rose by 11.9 per cent year-on-year, showed preliminary data of the National Statistical Institute on Friday. The total hourly labour cost grew by 10.5 per cent in industry, by 11.5 per cent in services an...
-
Specialised Prosecution Office Charges Three Sofia Lawyers with Criminal Money Laundering
March 18 (BTA) - The Specialised Prosecution Office has charged three lawyers and an office employee with participating in an organized criminal group involved in money laundering. The prosecutors said that the evidence collected to date shows the group has been operatin...
-
2019 Jobless Rate Down 1pp on 2108 to 4.2%
March 16 (BTA) - In 2019, Bulgaria had 142,000 unemployed persons, of whom 82,300 were men and 60,500 were women, the National Statistical Institute (NSI) said. Compared to 2018, the jobless total decreased by 17.6 per cent. At 4.2 per cent, the jobless rate in 2019 was down by 1...
-
American Experts Suggest Alternative Uses for Maritsa East Mines Coal
March 13 (BTA) - Experts from the US Department of Energy have suggested alternative uses for coal from the Maritsa East Mines, Bulgaria's largest state-owned coal mining company said on Friday. The experts provided information on R&D concerning coal-based energy systems ...
-
Bulgaria's 2019 Exports to EU Up 2.9 Per Cent,Year on Year, Exports to Third Countries Grow 2.2 Per Cent in January 2020...
March 12 (BTA) - In 2019, Bulgarian exports to the EU grew by 2.9 per cent in comparison with 2018 and amounted to 38,779.5 million leva, according to preliminary data released by the National Statistical Institute on Thursday. Bulgaria's main trading partners in this group were ...
-
Assets Managed by Insurance Companies Stood at Nearly Lv 8.5 Mln at End-2019
March 11 (BTA) - Assets managed by insurance companies operating in Bulgaria, amounted to 8.476 billion leva as of the end of December 2019, the Bulgarian National Bank said on Wednesday. They increased by 831.6 million leva (10.9 per cent) compared to the end of December 2018...
-
National Statistical Institute Reports 1.7% Growth of Construction in January, Year-on-Year
March 10 (BTA) - According to preliminary data of the National Statistical Institute (NSI) in January the production index in the Construction sector, calculated on the basis of seasonal data, has increased by 0.8 per cent compared to the previous month. Data show a 1.7 per cent ...
-
Only 1 in 3 EU Managers Are Women, Bulgaria Among Places with Most Women in Managing Positions
March 6 (BTA) - More than 6.7 million people in the EU work in management positions, of which 4.3 million (63 per cent) are men and 2.5 million (37 per cent) are women, Eurostat reports. Latvia is the European country with the highest proportion of women in management position...
-
2019 Fourth-Quarter GDP Grows 3.1 Per Cent, Year on Year
March 5 (BTA) - According to preliminary data, Bulgaria's gross domestic product (GDP) at current prices was 32,682 million leva for the fourth quarter of 2019, or 4,677 leva per person, the National Statistical Institute reported on Thursday. In euro terms, GDP was 16,710 millio...
-
Culture Minister and Eurocommissioner Open Exhibition of Bulgarian Discoverers and Inventors in Brussels
March 4 (BTA) - Minister of Culture Boil Banov opened an exhibition УThe World of the Bulgarian Discoverers and InventorsФ in the European Commission HQ in Brussels, his ministry informed on Wednesday. The project was initiated by EU Commissioner for Innovation, Research, Cult...
-
Finance Ministry Expects Revenues to Outweigh Expenditures by Lv 1,495.7 Mln at End-February
Sofia, March 2 (BTA) - Based on preliminary data and estimates, as of February 2020, revenues are expected to outweigh expenditures under the Consolidated Fiscal Programme (CFP) by 1,495.7 million leva (1.2 per cent of the projected GDP). The CFP revenues, grants and donation...
-
Bulgaria Starts Road Toll System for Trucks and Buses
Sofia, March 1 (BTA) - Following Sunday's launch of the road toll system for heavy-duty trucks and buses in Bulgaria, Deputy Regional Development and Public Works Minister Nikolay Nankov said, as quoted by his ministry, that the system is running smoothly and the situation...
-
Banking System's January Profit Goes Down by 32.3%, Y/Y
Sofia, February 28 (BTA) - The profit of Bulgaria's banking system in January 2020 amounted to 52 million leva, which was 25 million leva (32.3 per cent) less than the profit earned in January 2019, the Bulgarian National Bank reported on Friday. The end-of-January equity...
-
New Members of Bulgarian Sports Totalizator Managing Board Appointed
February 28 (BTA) - New members of the Managing Board of the state-owned Bulgarian Sports Totalizator have been appointed by an order of Youth and Sports Minister Krassen Kralev. The Board now includes CEO Lyubomir Petrov, Lyudmila Petkova, Hristo Yovov, Valentin Tochev and Gosho...
-
Foreigners' Visits to Bulgaria Up 9.1 Per Cent in January 2020, Year on Year
Febrary 27 (BTA) - In January 2020, Bulgarian residents made 423,100 trips abroad, or 5.1 per cent more than in January 2019, the National Statistical Institute reported on Thursday. In January 2020, the destinations that attracted the largest number of trips by Bulgarian...
-
Road Toll System for Heavy-duty Vehicles to Be Officially Launched on March 1
Sofia, February 25 (BTA) - The road toll system for heavy-duty vehicles will be officially launched on March 1, Deputy Regional Development and Public Works Minister Nikolay Nankov told a briefing on Tuesday, as quoted by his ministry. He added that no more compromises will be...
-
European Semester: Bulgaria Experiences No Macroeconomic Imbalances
Brussels/Sofia, February 26 (BTA) - A European Commission assessment of Bulgaria's progress on structural reforms, prevention and correction of macroeconomic imbalances says that imbalances identified in Bulgaria in 2019 no longer exist. Important progress has been made in...
-
Bulgarians Lose Over Lv 2 Blnin Savings due to Inflation in Past Year - Experts
February 26 (BTA) - Inflation has swallowed close to 2,019,000,000 leva of Bulgarians' savings in a year. The annual savings losses are calculated at 3.63 per cent as of end-December, 2019, based on the official statistics (the inflation rate in January 2020 being 4.2 per cent ye...
-
More than 50% of the Bulgarian companies have a website
According to the National Statistical Institute, in 2019 - 66.8% of the 16-74-year-olds use the Internet every single day, and 21.7% of all customers in Bulgaria have made at least one online purchase throughout the year.
-
Regulator Fails to Approve Fibank's Plan to Raise Capital, Bank Will Implement Recommendations
February 21 (BTA) - The Commission for Financial Supervision (CFS) has refused to approve a prospectus by Fibank to increase its capital by an initial public offering of shares. The decision was made on Thursday. In a statement Fibank said that it will take into consideration the...