The leadership of the Bulgarian Industrial Association have met with the new Bulgarian ambassador in Beijing, Andrey Tehov. Chair of the association, Dobri Mitrev, informed the diplomat that entrepreneurs trading with China consider bilateral business relations to be unbalanced due to objective political reasons.
The country's performance in the Chinese market could be improved and Bulgaria's presence at major trade fairs in China should be completely reconsidered, according to the association. It is important for Bulgarian companies to enter sectors such as green energy, electric vehicles, specific foods. However, the companies that tried to enter the Chinese market are pressured by the Chinese counterparties to reveal their trade secrets.
Regional policies are needed to address imbalances in employment and economic activity levels in different regions of Bulgaria, taking into account the specificities of each region. This is the recommendation of the Council for Economic Analysis study..
The total average income per household member in the first quarter of 2024 is BGN 2,840 (EUR 1,452.07), which was an increase of 18.6%, year-on-year, the National Statistical Institute said. Wage income increased from BGN 1,284 (EUR 656.5) to BGN 1,597..
There are over one million inactive persons on the Bulgarian labour market. They don't study, don't work and are not registered with the labour offices. This "army" has huge untapped potential, National Employment Agency Director Smilen Valov said...
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