The Bulgarian Industrial Association does not support the proposal which envisages an increase of the minimum monthly salary in Bulgaria from EUR 312 to EUR 332 as of January 1, 2021.
In an open letter to this country’s Deputy Premier Mariana Nikolova, the Minister of Finance and the Minister of Labor and Social Policy, BIA notes that a sharp rise in the minimum wage would lead to rising unemployment in small and medium-sized municipalities, where local employers are facing huge challenges amidst the Covid-19 pandemic.
The employers contend that the planned 6.6% increase of the minimum monthly salary does not correspond to the decline in productivity, GDP and the rising unemployment in the country.
The liberalisation of electricity prices for households has been postponed indefinitely. Even after 1 July, the Energy and Water Regulatory Commission (EWRC) will continue to set the price, as MPs approved amendments to the Energy Act in the second..
The nationalist party is holding an event at the National Palace of Culture (NDK) in Sofia today at 6:30 pm, which is being promoted as a discussion on 'saving the lev' (the Bulgarian currency - ed.) Among the participants will be the party’s MEP..
The Minister of Economy and Industry, Petar Dilov, met with Chris Barton, His Majesty's Trade Commissioner for Europe , who is currently visiting Bulgaria on an official trip. The meeting was also attended by His Excellency Nathaniel Copsey, the United..
We are helping North Macedonia and Serbia because of the breakdowns in their energy systems, Bulgaria’s Minister of Energy Zhecho Stankov announced at..
"The Untamed" is the name of the team comprising four rowers from the boat Rannoch 45 '' Rose'' , who have set off from the western coast of Australia..
On Monday, the lowest temperatures will range between 5°C and 10°C, around 5°C in Sofia. It will be mostly sunny in the morning, but around and after..
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