Fri, Feb 10 2012
Photo: assiewin/sxc.hu
Unemployment in euro area was 9.5 per cent in May 2009, new Eurostat figures say. Joblessness figures in all EU states are higher than a year ago.
Close to two million people in the EU lost their jobs in the first quarter of 2009, European statistical office Eurostat estimates.
The European Commission said on June 4 2009 that it had approved a Greek temporary scheme for subsidised state guarantees to boost the real economy
Nineteen billion euro scheme to help people hit by the economic crisis will include new micro-credit loans facility to help people who would have difficulty in getting funding for a small business.
The economies of 10 European Union countries from the former Communist bloc would shrink by three per cent this year and stagnate around zero per cent next year, the World Bank said
Social minister appears at loggerheads with economy minister and business over proposal to cut social security contributions
Bulgaria's jobless rate increased to 6.88 per cent in March, up from 6.69 per cent a month earlier
Labour and Social Policy Ministry says that because of credit crunch, it will provide monthly information on 'accomplishments' against unemployment
Bulgaria could be the exception official numbers show despite the world trend of cutting jobs
The package will be discussed with the Association of Bulgarian Banks before the amendments are submitted to Parliament.
Debate at the half-day event will cover what has been achieved so far and what further can be done by the Bulgarian Government to support development of the market.
Selectivity, not popularity, is the driving force behind Sofia's most exclusive members' only club.
Too often, small business owners ignore cash flow, to their own detriment.
Analysts say ČSA restructuring will be much less risky.

Lyubov Kostova was appointed country manager of British Council Bulgaria effective January 1, replacing Tony Buckby, who left in October 2011 to take a similar position at British Council Greece. Kostova has been with British Council Bulgaria for 11 years, as public communications manager and, since 2008, as the head of project and partnerships department. Prior to joining the British Council, Kostova was head of international activities at the National Academy for Theatre and Cinema Arts (NATFIZ). She has a degree in Indian studies from Kliment Ohridski Sofia University.

Stefan Apostolov is the new chief executive of CEZ Razpredelenie Bulgaria, the power transmission subsidiary of Czech energy company CEZ in the country. He replaces interim chief executive Ales Damm, who remains the chairperson of the CEZ Razpredelenie management board. Apostolov has 30 years of experience in the energy sector, joining CEZ in 2007 as director of customer service and was later appointed as head of business development. Apostolov has a master's degree in electric systems from the Belorussian National Technical University in Minsc, management diplomas from Open University London and New Bulgarian University, as well as a master's degree in business administration from Plovdiv University.

Valentina Dikanska is the new general manager of chemical industry giant BASF subsidiary in Bulgaria, taking over from Herbert Fisch, BASF vice president for Southeastern Europe. Dikanska, who started her career as an expert in the Finance Ministry, joined BASF Bulgaria as director of finance and administration in 2002. She becomes the first Bulgarian to hold the top management position in the company in its 40-year history on the Bulgarian market. Dikanska holds a master's degree in economics from the University for National and World Economy in Sofia.

Alexander Albin has been appointed chief executive of fuel distributor Rompetrol Bulgaria, replacing Nichita Sorin, who left to become chief executive of Rompetrol Gaz in Romania. Albin was previously chief executive of Rompetrol Georgia. He has more than 15 years of experience in the oil and gas industry; prior to joining Romania's oil group Rompetrol in 2008 as an adviser, he oversaw operations at Atyrau refinery in Kazakhstan, owned by Rompetrol's parent company KazMunaiGaz. He previously held top management positions at two other leading Kazakh oil and gas companies.