The Bulgarian Industrial Association does not support the proposal which envisages an increase of the minimum monthly salary in Bulgaria from EUR 312 to EUR 332 as of January 1, 2021.
In an open letter to this country’s Deputy Premier Mariana Nikolova, the Minister of Finance and the Minister of Labor and Social Policy, BIA notes that a sharp rise in the minimum wage would lead to rising unemployment in small and medium-sized municipalities, where local employers are facing huge challenges amidst the Covid-19 pandemic.
The employers contend that the planned 6.6% increase of the minimum monthly salary does not correspond to the decline in productivity, GDP and the rising unemployment in the country.
Speaking to the Bulgarian National Radio, the ambassadors of Germany and France to Bulgaria Irene Plank and Joël Meyer commented on the current situation in Europe and the upcoming negotiations on Ukraine. "This is an informal..
The Bulgarian Ministry of Tourism will work to create a map of important, but hard-to-reach tourist and cultural-historical sites. The goal is then to insist on financing the necessary repairs and improvements that will facilitate visitors' access to..
The cities of Sofia, Rotterdam and Cascais will compete for the title of "European Capital of Democracy" in 2026 . The selection will take place until March 12, 2025, by over 4,500 juries in 47 countries. Barcelona was the winner of the title in..
The Bulgarian Ministry of Tourism will work to create a map of important, but hard-to-reach tourist and cultural-historical sites. The goal is then to..
Bulgarian Finance Minister Temenuzhka Petkova will travel to Brussels to provide an update on Bulgaria’s progress towards euro area accession. The..
Bulgaria’s President Rumen Radev named Sofia Airport after the Apostle of Freedom Vasil Levski, the press secretariat of the head of state announced...
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