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Vasil Velev

Bulgarian businesses in the conditions of recession, pandemic and political crisis

The Bulgarian economy registered a 10% decline over the second quarter of 2020 compared to the first three monthsof the year, indicate National Statistical Institute data. How are businesses operating in the conditions of recession, pandemic, and..

08.09.20 14:18 |

Employers speak out against increase of salaries in public administration

Three of the four nationally representative employers' organizations - the Bulgarian Industrial Capital Association (BICA), the Bulgarian Industrial Association (BIA) and the Bulgarian Chamber of Commerce and Industry (BCCI) - have spoken out against..

31.08.20 18:24 |
Deputy Premier Tomislav Donchev

Bulgaria needs to set its priorities for recovery from Covid-19 crisis by September

Bulgaria will have access to financial resource to the tune of more than EUR 29 billion in the next programming period. For the purpose, this country has to determine the priority areas and funding mechanisms by September. The anti-crisis funds will..

03.07.20 11:03 |

Businesses want introduction of obligatory matriculation exam in mathematics

The Bulgarian Industrial Capital Association wants changes in the Bulgarian system of education, so as to improve its connection with the labour market. One of the steps they are demanding is an obligatory matriculation exam in mathematics...

01.04.19 13:11 |

Workers wanted in 16 shortage occupations

The Bulgarian Industrial Capital Association is holding a round table in Sofia, at which employers and experts are discussing ways to address the labour shortage problem. There are 16 professions in crucial for the national economy sectors such..

28.09.18 12:44 |

Bulgaria’s economy to grow by up to 4.2% in 2018, employers forecast

Bulgaria’s economy will grow by up to 4.2% in 2018, employers forecast. According to a survey of the Bulgarian Industrial Capital Association, 70% of the company managers are planning to increase wages next year, BICA Chairman Vasil Velev announced...

14.10.17 09:57 |

Bulgaria’s employers disapprove of merger of holidays and working days

According to estimates of the Bulgarian Industrial Capital Association, the national economy is to lose between EUR 150 million and EUR 200 million in 2016 due to the long holidays. The employers calculate that due to the mergers of the holidays and..

03.05.16 15:09 |
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