The two biggest trade unions in the country – the Confederation of Independent Trade Unions in Bulgaria and Podkrepa – are turning down the invitation from employer organizations to sit down to negotiations on the minimum wage today.
The state is proposing a 9 percent rise in the minimum wage, up to 235 euro per month in 2017. Employers say that the planned increase in the minimum wage is not based on any objective indicators and they, in their capacity of social partners have not taken part in negotiating these parameters. A faster growth rate of the minimum wage may lead to staff cuts, employers cautioned.
With 531 votes in favour, 69 against and 79 abstentions, the European Parliament approved Bulgaria's accession to the eurozone on 1 January 2026. This paves the way for the Council of the EU to grant final approval for the country's entry into the..
In 2024, the average price of arable land transactions in Bulgaria reached 1,697 BGN (867.66 EUR) per decare. Compared to the previous year, the price of arable land increased by 5.9%, indicate data from the National Statistical Institute (NSI)...
Today is a historic day for Bulgaria. This was what European Commissioner for Economy and Productivity, Valdis Dombrovskis, told journalists before the start of the meeting of the Council of the EU, which is to vote on the final..
The EU Council on Economic and Financial Affairs (ECOFIN) unanimously approved the final three acts enabling Bulgaria’s accession to the eurozone...
The EU's Economic and Financial Affairs Council (ECOFIN) has allowed Bulgaria and 14 other EU countries to exceed their budget limits in order to boost..
Following the Council of the EU's and the European Parliament's decision on Bulgaria's accession to the eurozone, the country is entering the final phase..
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