Text size

Employers present their views on improving the business environment in Bulgaria

published on 1/20/25 1:54 PM

Photo: BTA

Financial and tax stability has been shaken in recent years so it is good that a government has been formed, said Vasil Velev, chairman of the Bulgarian Association of Industrial Capital, at a joint press conference of employers.

"Romania was close to us in terms of debt to GDP. There are already problems, salaries and pensions have been frozen there for this year. We need to make adjustments to the course, including the balance for the green energy transition", said Velev.

Dobri Mitrev from the Bulgarian Industrial Chamber demanded to continue the fight against the shadow economy. 65 billion leva (33 euros) or 32% is the share of the shadow economy, which is alarming, the entrepreneur emphasized.

In social policy, businesses insists on the repeal of Art. 244 of the Labor Code and the introduction of a transparent mechanism for negotiating and determining the minimum wage in the country, BGNES and BTA report.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy Bulgarian economy shadow economy

More from category

The financial system in Bulgaria is stable, Lyubomir Karimansky says

“The divergence between the monetary and the fiscal policy pursued by the government continues to be the main reason why Bulgaria does not meet all criteria yet for entering the Eurozone,” Lyubomir Karimansky, member of the Governing Council of the..

published on 2/1/25 2:59 PM

Germany remains Bulgaria's largest foreign trade partner

Germany remains Bulgaria's strongest economic partner. Trade between the two countries for 2024 amounts to EUR 12 billion, said Tim Kurth, President of the German-Bulgarian Chamber of Industry and Commerce. At a ceremony held at the University of..

published on 1/31/25 9:32 AM

Bulgarian National Bank expects Bulgaria to meet price stability requirement for entering the Eurozone

Bulgaria can meet the convergence criterion for price stability, needed for entering the Eurozone, in January 2025 and continue to meet it throughout the rest of the year, the Bulgarian National Bank (BNB) states in its macroeconomic outlook,..

published on 1/29/25 1:16 PM

WEATHER

Pick city: Sofía

Mostly Cloudy
Min: 1 | Max: 12

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

Germany remains Bulgaria's largest foreign trade partner

Germany remains Bulgaria's strongest economic partner. Trade between the two countries for 2024 amounts to EUR 12 billion, said Tim Kurth, President of..

published on 1/31/25 9:32 AM

The financial system in Bulgaria is stable, Lyubomir Karimansky says

“The divergence between the monetary and the fiscal policy pursued by the government continues to be the main reason why Bulgaria does not meet all..

published on 2/1/25 2:59 PM

Share

Employers present their views on improving the business environment in Bulgaria

More from category

The financial system in Bulgaria is stable, Lyubomir Karimansky says

Germany remains Bulgaria's largest foreign trade partner

Bulgarian National Bank expects Bulgaria to meet price stability requirement for entering the Eurozone

Germany remains Bulgaria's largest foreign trade partner

The financial system in Bulgaria is stable, Lyubomir Karimansky says