Fri, Mar 19 2010
Photo: Tsvetelina Nikolaeva
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Close to 22 million people in the 27 European Union member states were jobless in July 2009, the highest unemployment in the EU since May 2005, the bloc’s statistics office Eurostat says. Bulgaria had seven per cent unemployment in July 2009; a year earlier it was 5.5 per cent.
Social ministry had recorded a total of 2413 violations of the labour code since checks started a few weeks ago
The number of people jobless in Bulgaria is 222 600, and unemployment in the second quarter of 2009 was 0.5 per cent higher than the same period in 2008, according to official statistics released on August 21 2009.
Looming Budget deficit prompts massive check into grey economy
Bulgaria's economy shrank by a real 4.8 per cent year-on-year in the second quarter of 2009 and 4.2 per cent year-on-year for the first half of the year, the country's statistics board said in a flash estimate on August 17.
Notwithstanding the economic crisis, official statistics register a hike in salaries
The highest wages in Bulgaria are maintained by the 'traditional spheres', with financing leading the charts with 1355 leva a month, electric supply and heating sector 1321 leva, and the media/journalism, 934 leva
Finance Minister Simeon Dyankov said recently ERM II entry remains top of his agenda. He has said Bulgaria will aim to join the 16 countries sharing the euro in 2013.
Tax authorities are trying to be flexible with respect to defaults and lend businesses a helping hand in a bid to ward off bankruptcies.
The outlook for primary energy supplies, heat, and electricity is questionable for the Eastern Europe and Central Asia region, despite Russia and Central Asia’s current role as a major energy supplier to both Eastern and Western Europe, the report says.
Business environments in the region vary, and so do the public relations markets
New Bulgarian transfer pricing guidelines remove uncertainties, but create expectations

Pepi Ivanova has joined Piraeus Bank Bulgaria as its news press office manager. She will be responsible for the bank's corporate communications and media relations and its subsidiaries - Piraeus Leasing Bulgaria, Bulfina, Piraeus Auto Leasing, Piraeus Insurance Brokerage and Piraeus Best Leasing. Ivanova has 10 years' experience in public relations and banking. She started her career as an associate at the NGO Center for the Study of Democracy and later became an economics journalist at Trud daily. She has also worked as a client service specialist and credit administrator at United Bulgarian Bank. Before joining Piraeus Bank, Ivanova spent seven years working for Globul mobile operator. She has a master's degree in philosophy and journalism from Sofia University St. Kliment Ohridski and a post-graduate degree in banking from the University for National and World Economy in Sofia. Ivanova also holds a diploma from the London School of Public Relations.

Valeria Vidinlieva is the new HR manager of Overgas natural gas suppliers. She will be responsible for the company's corporate social responsibility and for selection and training of staff. She joins the company after 24 years at Stomana Industry metallurgic firm, now part of the Greek Viohalco, where she headed the HR directorate. Vidinlieva is a graduate of Sofia's University of National and World Economy and has a degree in HR from Paisii Hilendarski University in Plovdiv.