Demographic Crisis: Bulgaria Braces for One-Third Drop in Working-Age Population
A recent report by Allianz Trade paints a bleak picture for Bulgaria's labor market, predicting a one-third decrease in the working-age population by the year 2050. This forecast, the worst in the European Union, highlights the significant challenges posed by demographic decline and migration trends.
According to the report, Bulgaria, alongside Romania and Poland, has been a significant source of labor migration to other EU countries since the turn of the century....