The incomes policy is of great importance for Bulgaria. Wage increase is among the top priorities of the labor unions, the President of Confederation of Labor Podkrepa Dimitar Manolov told the Bulgarian National Radio on Sunday. As a matter of fact, we have witnessed an increase of incomes in this country recently. However, wage increase started from a very low base. The expected 10%-11% increase of the incomes in the budget sphere is quite reasonable. Of course, I would like to see even higher wage increase in that sphere, but we should be realistic. The efforts of the government aimed at increasing wages are a positive step forward in the incomes policy. On the other hand, the tax system must be subject to some changes, because currently the biggest tax burden falls on the people with lowest incomes, Dimitar Manolov went on to say. The minimum salary should not be taxed. Thus, domestic consumption will increase immediately, because nobody will keep this money at home or in bank accounts, the President of Confederation of Labor Podkrepa Dimitar Manolov further pointed out.
Foreign Minister Georg Georgiev has met with ambassadors and diplomats from EU Member States, the US, Canada, the UK and Switzerland in Bulgaria. The diplomats were briefed in detail on the increasing trends of institutional..
A concession will be granted for the Port of Varna, which is an opportunity for investments worth hundreds of millions, Deputy Prime Minister Grozdan Karadzhov told the Parliamentary Committee on Transport and Communications, as quoted by..
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The Sultanate of Oman's Minister of Foreign Affairs, Sayyid Badr bin Hamad Al Busaidi, will visit Bulgaria from 2 to 4 July 2025 at the invitation of his..
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