In the next draft budget, the caretaker government proposes that the minimum wage be BGN 710 (EUR 363). "At the moment we do not have a clear mechanism for determining the minimum wage. It is determined administratively and largely unclear," said Shteryo..
A scandal has marked the meeting between trade unions, employers and Deputy Prime Minister for Economic and Social Policies Galab Donev. The employers left the meeting after a dispute with the unions sparked. Businesses do not accept..
Representatives of Bulgaria’s business and trade unions negotiated with this country‘ s caretaker Premier Stefan Yanev financial compensations for the high electricity prices . A total of 600,000 companies are expected to receive financial..
The Bulgarian Industrial Capital Association has called for an open dialogue on priorities and policies, as well as on the composition of the future government. The country needs a parliament and a government, not new elections, employers said...
The government's decision to transfer 50 million euros of grants from the European Commission aimed at the Bulgarian economy to the Fund of Funds, has not received approval from BIA. In the fund, this money will be distributed as loans with..
Speaking to reporters, Bulgarian President Rumen Radev praised the US government's determination to support Bulgarian society in its quest for more transparency and justice. "The very fact that such sanctions are imposed on Bulgarian citizens..
A survey by the German-Bulgarian Chamber of Industry and Commerce shows that corruption, crime and lack of transparency in public procurement procedures are the major problems businesses in Bulgaria face, BNR reporter Nataliya Ganchovska informed...
Minister of Economy Kiril Petkov and Minister of Tourism Stella Baltova have held a video conference meeting with the trade attachés of Bulgaria. The ministers called for hard work in order to present the country as a first-class destination for..
The Board of Directors of the Bulgarian Development Bank - BDB have refused to provide access to the files of companies with large loans, Minister of Economy Kiril Petkov said. He has informed the Bulgarian National Bank over the case and..
More than 2.863 billion euros have been provided to 18,500 small and medium-sized companies by the Bulgarian Development Bank for the past 11 years, the institution reported. On average, the bank supports about 590 small and medium-sized..
