Employers are contesting the rise of the minimum wage. The Bulgarian Industrial Capital Association announced that they filed a complaint in the Supreme Administrative Court. About 430,000 people in the country work for minimum wage. The executive director of the association, Dobrin Ivanov, told BNR that there are two types of reasons for the complaint. The procedural ones are that the government incorrectly calculated the increase from EUR 470 to EUR 543, without the hike being in accordance with international acts that Bulgaria has ratified. The association also claims that 2025 “will be special in terms of the labor market and incomes. The reasons for this are the state of the economy of Bulgaria, the EU and the world," Ivanov says.
“Bulgaria’s accession to the euro area will have a positive impact on the economy, the people, the business sector and the whole country”, said Minister of Economy Petar Dilov in an interview with public service broadcaster BNT. ''On January 1,..
The Association of Bulgarian Tour Operators and Travel Agents (ABTTA) expects tourism growth in Bulgaria to slow down due to the unfavourable economic situation in many of its source markets. It is not yet clear what effect Bulgaria's accession to the..
The expected adoption of the single European currency from January 1, 2026 is one of the many topics dividing society. In addition to being a cause for political quarrels, the euro is also a cause for concern among some Bulgarian..
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