The household prices of heating, electricity, water and gas in Bulgaria have gone up by an average of 40%, but the rise is steepest with the prices of staple foods like sugar, meat, milk, bakery products at around 10% during the last quarter of the year..
The part of the Recovery and Resilience Plan (RRP), in which Bulgaria commits to giving up coal, must be revised, the president of the Confederation of Independent Trade Unions of Bulgaria Plamen Dimitrov told Nova News. He said that he did..
Tradeunions demanded that one billion leva (€500 million) be allocated in the budget update for wage increases. Otherwise there will be a series of protests in many sectors. This was announced by the president of one of the largest..
Bulgaria’s trade unions welcome the decision of the authorities to allocate more money for social polcicies between the first and the second reading of the 2022 state budget. Meanwhile , however, they are calling on them to allocate..
Under the EU Green Deal, of which Bulgaria is part, the use of coal in the energy industry is to be done away with by 2030. The target is for net carbon emissions to be reduced by 55%. Politicians in this country have, for a long time,..
Our life was better before the coronavirus pandemic, although incomes were low, says a popular Bulgarian musician. We work less now, but we have to pay our water and electricity bills every month. Food prices went up and the price of some..
On the last working day of last week, the Bulgarian cabinet which has already filed its resignation submitted to the National Assembly a draft plan for the recovery of Bulgaria. The topic became a reason for endless controversies among the newly..
Bulgaria's negative GDP of -3.9% in 2020 and the expected growth of 4% for the first quarter of 2021 show that the economic recovery is close. But there are challenges that could bring back the recession. Such are the lack of private consumption and..
Since the beginning of the pandemic and the lockdown throughout the world, i.e. since March this year, the strain of safeguarding human life and health has inflicted unimagined damage on the economy, affecting, directly or indirectly, every..
The gray economy in Bulgaria in 2019 accounted for 21% of the country's GDP , data from the National Statistical Institute reveals. It amounts to 11.5 billion euros. This money is outside the social and health care system. In the conditions of a..
