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.
A children's hospital for active treatment will open in Burgas by the end of the year, it became clear during the inspection of its construction by Prime Minister Rosen Zhelyazkov. The medical facility will have 16 wards with 147..
“We Continue the Change” (PP) highlighted corruption as one of the main shortcomings of the hundred days of government of GERB, “BSP – United Left” and ITN. PP has not cancelled plans of filing a vote of no confidence after Bulgaria..
Bulgaria faces deep structural challenges. The economy is characterized by low added value and regional challenges, chairman of the Bulgarian Industrial Association (BIA), Dobri Mitrev, said. He presented the BIA index for “Economic..
A strong earthquake with a magnitude of 6.2 shook Istanbul at 12.49 local time and was felt to varying degrees across Bulgaria, BTA reported, citing the..
The full accession of Bulgaria and Romania to the Schengen area is strengthening the European Union's economy significantly. This is stated in a report..
Sofia has met the last criterion for entering the eurozone. After meeting the inflation criterion, the data on the budget deficit for..
+359 2 9336 661