Bulgaria's Tourism Struggles to Diversify Beyond Traditional Offerings
Bulgaria continues to lag behind neighboring countries in achieving significant growth in its tourism sector
On average, six unemployed people are competing for one vacancy - according to the latest Employment Agency figures as of the end of February 2021.
In 17 regions the unemployment rate is above the national average, with the highest values recorded in northwestern Bulgaria - Vidin, Montana and Vratsa.
The strongest competition is in the districts of Razgrad and Vidin, where 15 and 12 unemployed people compete for one vacancy position, respectively.
At the other pole are Sofia-city and Ruse - with 4 aspirants per vacancy.
The data show that by end of January, eight people competed for a vacancy across the country, and as of the end of December last year they were nine.
According to social analysts, the reason for the improvement of the labour market picture is mainly the anti-crisis measures taken to preserve employment.
According to the latest data, the unemployment rate in the country is 6.9%.
Traditionally the lowest level is its level in Sofia-capital – a tad under 3%, and the highest - in Vidin region - 14%.
Bulgarians may begin exchanging their lev for euros if the upcoming convergence report
In July, Bulgaria’s eurozone entry plans will be definitively clarified
A recent survey by the Bulgarian Industrial Capital Association shows that many Bulgarian companies anticipate a decline in production due to the new tariffs on imports announced by U.S. President Donald Trump
Travelers planning a spring escape might want to consider Sofia
Over the past decade, residential property prices in Sofia, Bulgaria, have surged by 200%, rising from an average of €715 per square meter in 2015 to more than €2,100 at the beginning of 2025
Bulgaria has successfully met the price stability criterion required for entry into the eurozone
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase