Bulgaria and the Euro: What Happens to National Monetary Sovereignty?
One of the most debated topics around Bulgaria’s upcoming transition from the lev to the euro is whether the country is giving up its sovereignty
The number of registered jobless people in Bulgaria fell to a monthly average of 202,995 last year, which is 33,757 less than in 2017 and an all-time low, the Employment Agency said on Tuesday, quoted by See News.
The average unemployment rate in 2018 was 6.2%, down by 1 percentage point relative to 2017, the government agency said in a statement.
In December, the jobless people registered with the agency's labour offices numbered 201,466, translating into an unemployment rate of 6.1%, down by 1 percentage point year-on-year. In a month-on-month comparison, the number of jobless people increased by some 3,500 in December.
In December, 15,322 people found a job.
Job vacancies in December totalled 7,526, as 80.4% of them were in the private sector. The highest number of vacancies, 31%, are reported in the processing industry, followed by trade and automobile and motorcycle repairs (15%), and hotel and restaurant services (7.8%.)
Brussels has unofficially warned Bulgaria’s Finance Minister Temenuzhka Petkova that the country’s euro adoption process could be suspended, according to BGNES, citing Nova TV.
"Everyone wants positions – in regulatory bodies and ministries," he emphasized.
Bulgaria’s toll system now has the technical capability to track average vehicle speeds, as announced by the National Toll Management following a meeting with Regional Development Minister Violeta Koritarova.
The income required to cover living expenses for a working individual and a three-member family with a child under 14 has remained almost unchanged compared to June, according to an analysis by the Confederation of Independent Trade Unions in Bulgaria (CI
The Council of Ministers has adopted a resolution to set the minimum wage at 1,077 leva, reflecting a 15.
Every 20 minutes, fire alerts are received from across Bulgaria.
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