Bulgaria Reports Lowest Hourly Labour Costs in EU for 2023: Eurostat
Eurostat's recent publication on Wednesday showed insights into hourly labour costs across the European Union (EU) in 2023, indicating a notable rise compared to the previous year
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
Bulgaria is one of the three EU Member States to register an annual increase in production in the construction sector in July 2012, according to Eurostat data.
In the construction sector, production in Bulgaria grew by 3.0% in July 2012 as compared to July 2011.
Bulgaria is only preceded by Hungary, which scored a year on year increase of 7.7%, and is followed by Germany, where production in the construction sector went up by 2.2% on the year.
According to data of the EU's statistical office, the largest annual declines in production in July 2012 were registered in Slovenia (-18.3%), Portugal (-18.2%), Spain (-16.1), and Italy (-14.2%).
Compared to July 2011, production in July 2012 fell by 4.7% in the euro area and by 6.1% in the EU27.
In July 2012, building construction dropped by 4.6% year on year in the euro area and by 5.4% in the EU27.
Among the Member States for which data are available for July 2012, production in construction fell in ten and rose in five.
The largest declines were recorded in Italy (-2.2%), Spain (-2.1%), and Switzerland (-1.1%), while the highest increases were registered in Hungary (+8.7%), Germany (+1.9%), Bulgaria (+1.6%) and the Czech Republic (+1.6%).
In July 2012, production in the construction sector fell by 0.3% in the euro area and by 0.2% in the EU27 as compared to the previous month.
In July 2012, building construction declined by 0.8% on the month both in the euro area and in the EU27.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
In order to protect the economic interests of consumers, there will be a period of double labeling of the prices of goods and services - in leva and in euros
As Bulgaria inches closer to joining the Eurozone, concerns arise over the implementation of rounded prices in euros, potentially impacting citizens' wallets upon adoption of the single currency
On a briefing held at the National Press Club of BTA, Nikola Ilchev, the creator and organizer of the Balkan eCommerce Summit, showed projections indicating a significant rise in Bulgaria's e-commerce sector
Svetoslav Stanulov, chairman of the Association of Bulgarian Airlines (ABA), has emphasized the need to assess Sofia Airport's potential as a hub for transit and transfer flights
Pegasus Airlines is set to recommence its scheduled flights between Sofia and Istanbul, marking a significant milestone in air travel connectivity between Bulgaria and Turkey
Bulgaria has witnessed a remarkable surge in home loans at the beginning of the year, with loans for households for the purchase of houses and apartments reaching a record high of BGN 20.52 billion by the end of February
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022