Bulgaria Links Defense Modernization with Economic Stimulus
Bulgaria is moving forward with plans to modernize its armed forces
More than half of the unemployed in Bulgaria lack professional qualifications, according to data from the Employment Agency. This group has grown by 8% compared to the first half of last year. Currently, over 152,000 people are unemployed in Bulgaria, with more than 87,000 of them lacking professional qualifications.
Gabriela Dimcheva, Deputy Director of the Employment Agency, noted that the causes of unemployment are multifaceted, with the country's economic situation playing a significant role. She pointed out discrepancies between the skills of job seekers and those demanded by businesses as contributing factors. Regional differences and mismatched skills further complicate the situation.
Digital skills are increasingly essential in today’s job market. Young people under 24 face the lowest unemployment rates, accounting for just 5% of the total unemployed. The highest unemployment rates are among those aged 30 to 44, making up 33% of the unemployed. This is followed by individuals over 55 at 29%, those aged 45 to 54 at 27%, and people between 25 and 29 at 6%.
Lack of experience is a common barrier for younger job seekers. Among the unemployed, 45% have only primary or lower education, 41% have secondary education, and 14% possess higher education. Additionally, some individuals with professional qualifications and higher education are working in fields unrelated to their qualifications.
The Ministry of Finance has introduced an online currency conversion calculator, now available on the official euro adoption website for Bulgaria - evroto.bg
Wizz Air is accelerating its return to Israel
Authorities have launched a wide-ranging investigation into the controversial gas transmission agreement between Bulgaria’s state-owned Bulgargaz and the Turkish company Botas
The Bulgarian National Bank (BNB) is launching the minting of Bulgarian euro coins this week
SOF Connect, in collaboration with global retail and food & beverage leader Avolta, announced two major projects aimed at enhancing the shopping experience at Sofia Airport and reinforcing its status as a five-star regional hub
Gold has always had an allure that goes far beyond its shine.
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