Bulgaria’s Ministry of Labor and Social Policy, employers and trade unions did not agree on the minimum monthly salary. This became clear at a briefing after today's meeting of the National Council for Tripartite Cooperation. Bulgaria’s caretaker..
82% of employers plan to give their employees Christmas bonuses, according to a study by the Bulgarian Chamber of Commerce and Industry, conducted among 100 branch organizations and enterprises from various sectors of the economy,..
The war in Ukraine, the ongoing economic uncertainty and inflation Bulgaria undoubtedly have their impact on people's incomes, as well as their purchasing power. And while the caretaker government timidly begins a conversation with unions and employers..
Businesses have demanded compensation for high electricity prices. In a letter to the prime minister and ministers, employers' organizations remind that the current compensation scheme expires in September and call for urgent measures. A possible delay..
Social inequalities and inflation are two of the leading problems in Bulgaria’s income policy. While inflation is a pan-European issue, provoked by external factors, such as the war in Ukraine, the price of energy carriers, etc., the wide gap between..
As of 1 January, 2023, the minimum salary will be calculated on the basis of a formula, instead of being calculated administratively. The Ministry of Labour and Social Policy presented, to businesses and TUs, three different options of the..
Bulgarian government proposes compensations for the electricity prices for the month of May equal to 80% of the increase over 100 EUR/MWh . The measures for natural gas prices envisage 100% compensation of the price increase in May, the cabinet..
Bulgarian citizens should not give in to panic, Prime Minister Kiril Petkov urged after a meeting with employers. He was adamant that there would be no shortage of goods. We are putting out fire after fire, Petkov said, adding that there is..
Deputy Prime Minister and Minister of Economy Kornelyia Ninova met with employers to discuss the impact on the Bulgarian economy of the sanctions imposed on Russia, possible counter-sanctions and the consequences they will have for Bulgaria, the..
Employer organizations are demanding an immediate meeting with Prime Minister Kiril Petkov, at which the “situation which poses an imminent danger to the economy and to social peace” resulting from the high prices of electric energy and gas can be..
