The largest Bulgarian trade union, the Confederation of Independent Trade Unions of Bulgaria (KNSB), is pushing for the minimum wage to be increased to 760 leva (388 euro) from July 1.
Ahead of the KNSB congress in Sofia, the confederation's president Plamen Dimitrov said that the main goal is for Bulgarians to reach 70% of the living standards of the average European in five years and this is not a chimera.
"I expect the budget update to include earmarked funds for social stability. All international financial institutions are warning about an imminent two-year inflation. The government's decisions should be directed first and foremost to social protection in order to reduce the effects of the crisis and high prices," Bulgarian Vice President Iliana Iotova urged at the congress.
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Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks an upgrade from the 2% growth rate estimated in the Commission’s spring outlook. The expected GDP..
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“The storm has mostly passed, but there are still risks”, Deputy Premier Tomislav Donchev told bTV regarding Lukoil . ''The first priority is to..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
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