Bulgaria's unemployment rate was 12.6% in October 2012, up 0.2 percentage points from the previous month and considerably above the unemployment rate in the EU27 - 10.7% (up from 10.6% in September), Eurostat data showed. The unemployment rate followed a stable upward trend in H2 2011 and is above the rate, measured in terms of registrations with the Bulgaria's labour agency. The latter hit 11% at the end of October, up by 4 basis points m/m. |
The EC has sent a reasoned opinion to Bulgaria over failure to comply with EU rules on the free movement of capital, the EC said on its website. The privatisation act in Bulgaria introduces ... more
Bulgaria will be seeking an extension of the court procedure filed by the EC against the country over irregularities found in the assignment of digital broadcast spectrum, transport minister ... more
Bulgarian individuals and companies hold EUR 100mn in Cypriot banks according to ECB data, BTA reported quoting Reuters. The largest EU depositors in the crisis-hit country are Greece with EUR ... more