Representatives of Bulgaria’s business and trade unions negotiated with this country‘s caretaker Premier Stefan Yanev financial compensations for the high electricity prices. A total of 600,000 companies are expected to receive financial assistance. The compensations will be calculated in the October electricity bills in the beginning of November.
The meeting took place amid protests organized by trade unions and employers' organizations, whose representatives entered the Council of Ministers building to sumbit a package of measures. "The price shock will cost us EUR 1.5 billion and will lead to an economic collapse", the President of the Bulgarian Industrial Capital Association Vasil Velev warned. “Those who are unwilling or cannot pay two or three times higher bills are protesting now”, Vasil Velev added.
Vice President Iliana Iotova pointed out that the changed texts in the Constitution have turned against their creators. Yotova told journalists that "because of these changes in the Constitution, the Speaker of the National Assembly cannot be..
New car sales in Bulgaria in October increased three times more than the average for the European Union , where the purchase of new cars is only 1.1%. According to the Association of European Automobile Manufacturers, 75.9% of cars registered in..
77 per cent of those employed in Bulgaria's secondary education system are ready to go out on strike demanding a pay rise in the sector, according to a national survey by Podkrepa trade union. Half of those surveyed are in favour of a nation-wide..
According to an analysis by the Electricity System Operator, a shortage of electricity is expected as early as January and February next year. At a..
Bulgaria’s caretaker Foreign Minister Ivan Kondov and his Albanian counterpart Igli Hasani confirmed the firm commitment of the two countries to the..
77 per cent of those employed in Bulgaria's secondary education system are ready to go out on strike demanding a pay rise in the sector, according to a..
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