Employers are contesting the rise of the minimum wage. The Bulgarian Industrial Capital Association announced that they filed a complaint in the Supreme Administrative Court. About 430,000 people in the country work for minimum wage...
Bulgaria and India will intensify their cooperation in various sectors of mutual interest. This was discussed at a meeting of the Bulgarian Minister of Economy Petko Nikolov with Ambassador of India to Bulgaria H.E. Sanjay Rana. The two focused..
In the next 12 months, the Bulgarian business needs about 262,000 workers and specialists , according to a study by the Employment Agency. This is nearly 9.3% of the currently employed. Compared to the results in 2023, there is a..
The German economy has been shrinking and the government expects a decline of 0.2% of GDP. Some of the main reasons for this include unresolved structural problems related to lack of energy security, excessive bureaucracy and shortage..
Bulgaria is growing more and more visible for businesses in the US, said Bulgaria’s President Rumen Radev at a briefing in New York after meeting with representatives of American companies. “Interacting with American companies and with..
The 78th Plovdiv International Technical Fair was opened in Bulgaria’s second largest city. 231 companies - direct producers and sales representatives from 25 countries, are participating in the forum, which will last until September..
In the first quarter of 2024, the gross domestic product (GDP) grew by 1.8% compared to the same period in 2023 . The first forecasts were for a growth of 1.7%, according to data of the National Statistical Institute. The GDP..
Balkan Business Forum will be held in the town of Bansko on June 7 and 8. The purpose of the event is to strengthen regional economic cooperation between the Balkan countries and to create successful future partnerships. Companies..
Bulgaria's full accession to Schengen will give an additional boost to the relations between Bulgaria and Greece, Greek Foreign Minister Giorgos Gerapetritis said at a briefing in Sofia. The guest pointed out that people-to-people..
In the medium term, employers expect high economic growth and will need 243,000 professionals with higher education and 245,000 with secondary education. 194,000 people will be needed in the spheres trade, tourism and transport. The..
