: :inin Kyiv (EET)

Bulgaria’s economy experiences shortage of labor, employers look to hire pensioners and foreigners

Bulgaria’s economy is constantly growing and despite the increase of exports, local consumption and investments it is experiencing huge deficit of workforce. In 2018 the GDP growth reached 3.1% and one year earlier it was to the tune of 3.6%. The International Monetary Fund and Fitch Ratings forecast that in 2019 this country’s economy will grow with 3.3%. However, Bulgaria significantly lags behind other countries from Central and Eastern Europe in terms of economic growth, because the economies of these countries grew with 6%-7%. This is mainly due to the deficit of human …read more

Source: Radio Bulgaria

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