Eurozone Unemployment Slightly Rises in May; Bulgaria Sees Minor Increase
Unemployment in May saw a slight rise in the eurozone, edging up to 6.3% from 6.2% in April, according to seasonal adjustments
Unemployment continued to decline in August, announced the National Employment Agency.
At the end of August, there were 261,525 unemployed registered in labour bureaus. Compared to July, there was a decrease of 6,575 persons. On an annual basis, compared to August 2015, the number of unemployed was significantly lower – a decrease of 45,296.
In August, the unemployment rate reached 8%. There was e decrease of 0.2%, compared to July, 2016 and of 1.3%, compared to August, 2015.
A total of 18,934 job openings have been registered in labour bureaus. The private sector has announced 10,166 or 54% of the total.
The Bulgarian National Bank (BNB) will begin issuing commemorative coins in euros starting next year
The European Council's decisions from July 8, 2025, marked the final approval for Bulgaria to adopt the euro as its official currency starting January 1, 2026
Scope Ratings has upgraded Bulgaria’s long-term credit rating from ‘BBB+’ to ‘A-’ in both local and foreign currency terms
For more than two decades, real estate in Bulgaria has been offered primarily in euros, a practice familiar to both buyers and sellers
Energy Minister Zhecho Stankov has firmly criticized the 2022 agreement between state-owned Bulgargaz and Turkish company Botas, arguing that there was no objective reason to enter into such a deal
The Bulgarian National Bank (BNB) projects that Bulgaria’s real GDP will continue expanding steadily over the coming years
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