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Staple foods prices in Bulgaria are growing more and more unaffordable

The household prices of heating, electricity, water and gas in Bulgaria have gone up by an average of 40%, but the rise is steepest with the prices of staple foods like sugar, meat, milk, bakery products at around 10% during the last quarter of the year..

26.10.22 14:30 |

Unions: Bulgaria not ready to give up coal, needs to renegotiate RRP

The part of the Recovery and Resilience Plan (RRP), in which Bulgaria commits to giving up coal, must be revised, the president of the Confederation of Independent Trade Unions of Bulgaria Plamen Dimitrov told Nova News.  He said that he did..

07.07.22 14:01 |
Plamen Dimitrov

Trade unions demand funds for higher wages in updated budget, or cabinet faces protests

Tradeunions demanded that one billion leva (€500 million) be allocated in the budget update for wage increases. Otherwise there will be a series of protests in many sectors.  This was announced by the president of one of the largest..

13.06.22 15:18 |

Trade Unions: The 2022 state budget does not earmark money for higher wages to offset inflation

Bulgaria’s trade unions welcome the decision of the authorities to allocate more money for social polcicies between the first and the second reading of the 2022 state budget. Meanwhile , however, they are calling on them to allocate..

16.02.22 18:27 |

Bulgaria has nothing to replace coal mines with so as to guarantee a stable economy, energy industry and security

Under the EU Green Deal, of which Bulgaria is part, the use of coal in the energy industry is to be done away with by 2030. The target is for net carbon emissions to be reduced by 55%. Politicians in this country have, for a long time,..

20.09.21 14:47 |

Number of working poor in Bulgaria increases by 22% since the beginning of 2021

Our life was better before the coronavirus pandemic, although incomes were low, says a popular Bulgarian musician. We work less now, but we have to pay our water and electricity bills every month. Food prices went up and the price of some..

15.07.21 16:05 |

Responsible solutions are needed to support Bulgarian businesses amidst Covid crisis

On the last working day of last week, the Bulgarian cabinet which has already filed its resignation submitted to the National Assembly a draft plan for the recovery of Bulgaria. The topic became a reason for endless controversies among the newly..

19.04.21 13:44 |

The risks to the Bulgarian economy remain for 2021

Bulgaria's negative GDP of -3.9% in 2020 and the expected growth of 4% for the first quarter of 2021 show that the economic recovery is close. But there are challenges that could bring back the recession. Such are the lack of private consumption and..

23.03.21 17:26 |

Covid-crisis pushes TUs and employers to demand long-term help from the state

Since the beginning of the pandemic and the lockdown throughout the world, i.e. since March this year, the strain of safeguarding human life and health has inflicted unimagined damage on the economy, affecting, directly or indirectly, every..

29.12.20 17:29 |

Trade unions in Bulgaria expect a jump in gray economy due to Covid-19

The gray economy in Bulgaria in 2019 accounted for 21% of the country's GDP , data from the National Statistical Institute reveals. It amounts to 11.5 billion euros. This money is outside the social and health care system. In the conditions of a..

23.09.20 17:12 |

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