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 sale of assets of the Russian oil company Lukoil in Bulgaria will only proceed following a decision by the Council of Ministers and approval from the State Agency for National Security (SANS) , MPs stipulated during the first reading of amendments to..
Bulgaria needs to make additional efforts to prevent human trafficking and to protect victims, according to conclusions from a report by the Council of Europe’s Group of Experts on Action against Trafficking in Human Beings (GRETA), published..
The Bulgarian National Bank (BNB) has acquired 66,000 troy ounces of gold (2053.2 kg. ), the national bank writes on its website. The BNB made this purchase after, on 8 July, the Council of the EU adopted a decision on the adoption of the..
The European Commission will provide around €50 million from the EU agricultural reserve to fruit, nut and vegetable producers in Bulgaria, Latvia,..
The fight against the grey sector is directly connected with restricting labour exploitation and with human rights protection, said Minister of Labour..
In Saturday an atmospheric disturbance will sweep across the country. Minimum temperatures will reach 8-13° C., for Sofia 10° C. After the..
Mostly Cloudy
Cloudy