Sat, Nov 21 2009
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
Strong public opposition to price hikes prompted Prime Minister Boiko Borissov to axe the Finance Ministry proposal to increase the excise duty on spirits, but MPs have put it back on the agenda.
Bulgaria’s Cabinet seeks to reverse recent changes in the telecommunications sector
Kremikovtzi’s prospects for a recovery plan appear increasingly distant
Bulgarians are getting the hang of debit and credit cards, MasterCard says
The two telecoms, both set up to challenge former fixed-line state monopoly BTC, will merge operations and expect to report 20 million euro in revenue and a gross profit of five million euro in 2010.