Bulgaria Faces Workforce Shortage: Over 250,000 Vacancies Across Key Sectors
The Bulgarian economy faces a significant workforce shortage, with over 250,000 vacancies across various sector
The spread of the Omicron variant of the coronavirus could lead to a slowdown in the recovery of the world economy, said today the managing director of the International Monetary Fund (IMF) Kristalina Georgieva, quoted by Reuters.
Georgieva speaks at the online forum "Reuters Next"
In October, the International Monetary Fund announced that the Fund is committed to 5.9 percent growth in the global economy in 2021.
The new strain of coronavirus, which is likely to spread very quickly, could undermine confidence. Therefore, we will probably see some reductions in our October forecast for global economic growth, Georgieva said.
At the same time, she pointed out that the virtual meeting (in November) between US President Joe Biden and Chinese leader Xi Jinping was a positive signal for the recovery of the world economy.
Georgieva said US authorities must be the first to take action to fight inflation.
According to her, the picture of inflation in the world is different.
In the United States, measures need to be taken to combat the sharp rise in prices. In other countries, however, these measures are not mandatory, the IMF's managing director said.
Georgieva also said $ 6 trillion to $ 10 trillion could be needed to fight climate change this decade.
/BTA
Several banks in Bulgaria have recently announced changes to their fees
Petar Ganev, a senior researcher at the Institute for Market Economics, stated in an interview with Bulgarian National Radio that it is highly likely Bulgarians will begin making payments in euros starting from January 1 next year
Bulgarian businesses are facing significant financial losses due to delayed membership in the eurozone and Schengen area, missing out on billions in export potential
Bulgaria is currently meeting the Maastricht criteria required for eurozone membership, with its macroeconomic indicators indicating a stable path toward adopting the euro
IONmining As the global cryptocurrency market continues to expand, mainstream digital assets such as Bitcoin and Ethereum are becoming the focus of investors.
Atanas Pekanov, the former Deputy Prime Minister for the Management of European Funds during the Donev Caretaker Cabinet, warned that Bulgaria stands to lose out on significant financial support
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