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Bulgaria: Unemployment Anticipated to Decrease

Published: October 31, 2013; 07:44 · (Vindobona)

Regarding the economic development in 2014, Bulgarian Industrial Capital Association demonstrates optimism.

Bulgaria: Unemployment Anticipated to Decrease / Picture: © Flickr

Vasil Velev, chairman of the Bulgarian Industrial Capital Association, expects a decrease in unemployment to 12% next year. Moreover, Velev expects income to grow by 5% on average. Velev is optimistic that most companies will hire more people next year.

Economists are less optimistic, however. At the moment, Bulgarias unemployment quota comes at 13%. The growth outlook remains…

This article includes a total of 69 words.

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