Bulgaria's unemployment rate, measured in terms of registrations with the state labour agency, fell to 11% in May 2013 from 11.6% the month before, the agency said on its website. The number of people who found a job in May amounted to 13,881, which caused the jobless rate to decline for a third consecutive month and reach a seven-month low. The May 2013 rate is equal to its level from a year ago.
The decrease in unemployment during this time of the year is driven mostly by seasonal factors and likely the number of people out of work will continue to fall in June-September.
Bulgaria’s government does not intend to participate in the deal to sell assets of Czech energy company CEZ, Finance Minister ... more
Bulgaria’s main opposition Socialist Party (BSP) is demanding the dismissal of Interior Minister ... more
Bulgaria's parliament approved on March 22 highly controversial amendments to the Public Procurement Act that will allow contracts to repair the fence along its border with Turkey to be ... more