Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Employers present their views on improving the business environment in Bulgaria

Photo: BTA

Financial and tax stability has been shaken in recent years so it is good that a government has been formed, said Vasil Velev, chairman of the Bulgarian Association of Industrial Capital, at a joint press conference of employers. 

"Romania was close to us in terms of debt to GDP. There are already problems, salaries and pensions have been frozen there for this year. We need to make adjustments to the course, including the balance for the green energy transition", said Velev. 

Dobri Mitrev from the Bulgarian Industrial Chamber demanded to continue the fight against the shadow economy. 65 billion leva (33 euros) or 32% is the share of the shadow economy, which is alarming, the entrepreneur emphasized. 

In social policy, businesses insists on the repeal of Art. 244 of the Labor Code and the introduction of a transparent mechanism for negotiating and determining the minimum wage in the country, BGNES and BTA report.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

EUR 613 million more for the Health Insurance Fund, pensions to be updated by 8%-9% in 2025

In 2025, the National Health Insurance Fund will be able to spend 1.2 billion leva (EUR 613 million) more on insured individuals, the draft budget of its Supervisory Board envisages. The health insurance contribution remains 8% of the insurable..

published on 12/9/24 11:54 AM
Dimitar Radev

Bulgaria to meet the final economic criterion for the eurozone by January

Bulgaria will meet the final criterion of price stability for entry into the eurozone by January. After that, politicians are in charge, Bulgarian National Bank Governor Dimitar Radev has told BNT. "Politicians must try to get the..

published on 12/7/24 3:06 PM
BNB

BNB calls against excessive taxation of bank profits

The Bulgarian banking system is among the most stable ones thanks to the high expertise of the people who work in it. They succeed despite turbulent times. They are successful because they follow the rules and laws. With these words,..

published on 12/7/24 9:55 AM