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.
The anti-corruption unit of Bulgaria’s prosecution service has formally indicted former energy minister Rumen Ovcharov in an abuse of office case ... more
South African fund NEPI Rockastle said it has acquired two new shopping centres – in Hungary and Bulgaria – for a combined €528mn. The fund, which purchased another shopping centre in ... more
The sale procedure initiated by CEZ for its assets in Bulgaria has been suspended, Bulgaria’s Energy Minister Temenujka Petkova said ... more