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SOFIA ( Bulgaria ), June 17 (SeeNews) - Bulgaria's current account turned to a surplus of 0.4 % of the gross domestic product (GDP) projected for 2013 through April, from a gap of 2.2 % a year earlier, the central bank said on Monday. In the January-April period the current account showed a surplus of 162 million euro ( US Dollars 216.3 million ), compared to a gap of 875.8 million euro a y...
Bulgarian consumer price inflation increased 2 % in May on an annual basis, the same level as the previous ...
Bulgaria : region outlook FROM THE ECONOMIST INTELLIGENCE UNIT POLITICAL STABILITY: The period of political uncertainty that began after mass protests led to the resignation of the centre-right Citizens for European Development of Bulgaria (CEDB) government in February has continued, following an inconclusive parliamentary election on May 12-th . The CEDB came 1st, with 97 seats,...
SOFIA ( Bulgaria ), June 12 (SeeNews) - Bulgaria's May EU-harmonised consumer prices rose 1.0 % on the year after going up by 0.9 % in April, the National Statistics Institute (NSI) said on Wednesday...
Event The value of merchandise exports surged by 21.6 % year on year in April, as reported by the National Statistical Institute , with the increase in exports in the 1st 4 months of the year accelerating to 15.2 %. Analysis Export growth in April was significantly faster than in March, when the pace of increase in the value of foreign sales dipped to 3.6 % year on year. The improved ex...
Almost 1-4th, or 22 %, of the Bulgarian employers plan or expect to hire new employees during Third quarter, 2013, as reported by data of the Manpower recruitment agency. Traditionally for the summer tourist season, the service Market a the hospitality Market, as well as construction, will offer the highest number of jobs, as reported by Manpower data, as cited by dnevnik.bg. Employers will be hiri...
The social policy of the new Bulgarian government will aim to improve the skills of the unemployed, labour minister Hasan Ademov said for NOVA TV on 2013-06-06 . In his opinion, current policy does not address the growing long-term unemployment , does not help job-seekers to enhance their skill-set, which is what they need to do to return on the labour Industry. Earlier in the week Ademov stated ...
Event In the Q1 of 2013 the current-account deficit narrowed by 25 % year on year, , foreign debt as a percentage of GDP declined by 1.9 percentage points compared with a year earlier. Analysis The sharp improvement in the current-account balance in January-March was driven by robust growth in exports, which increased by 12.9 % year on year, while imports edged up by only 2.4 %...
Bulgaria's new finance minister, Petar Chobanov , said that 2013 budget deficit might exceed the initial estimates. The budget might record an extra gap amounting to 2.4 % of GDP in 2013 as it will face both revenu...
SOFIA ( Bulgaria ), June 4 (SeeNews) - In SOFIA story ?Bulgaria?s jobless rate edges down to 11.2 % in May 2013?, dated June 3 , please read in the 2nd paragraph ?..the rate went up by 0.2 percentage points.." instead of ?..the rate slipped by 0.2 percentage points..? A corrected version follows: Bulgaria?s May jobless rate ...
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