László Andor

Europe should introduce its own unemployment insurance fund, outgoing EU Employment Commissioner Laszlo Andor has argued in an interview.

Andor, who is in charge of employment, social affairs and inclusion at the European Commission, told German weekly Der Spiegel that such a step would help Europe retain its usual stability during crisis like the one over the past years.

Bulgaria maintains significant levels of unemployment and gray economy, EU Commissioner for Employment, Social Affairs and Inclusion Laszlo Andor believes.

He also announced that an additional EUR 50 M will be granted to Bulgaria to tackle youth unemployment under a special EU-wide program.

PM Plamen Oresharski and the European Commissioner Laszlo Andor have discussed the future of the Bulgarian pension reform, as well as the structural unemployment, Monday.

The European Commissioner for Employment, Social Affairs and Inclusion Laszlo Andor has met with Prime Minister Oresharski earlier Monday during his two-day visit to Sofia.

The European Commissioner for Employment, Social Affairs and Inclusion Laszlo Andor will come on a two-day visit to Sofia next week, said the EC press office. 

He will have meetings with Prime Minister Plamen Oresharski, deputy prime minister Zinaida Zlatanova and the Speaker of Parliament Mihail Mikov. 

In Parliament Andor will discuss matters of youth employment. 

Greece saw the biggest rise in the European Union between 2011 and 2012 in terms of the proportion of its population that is at risk of poverty, according to the European Commission's latest Employment and Social Situation Quarterly Review, which was published on Monday.