In 2024, the priority is the future of state-owned enterprises, through restructuring or perhaps closing the State Consolidation Company, Minister of Economy Bogdan Bogdanov said at a briefing.
State enterprises can no longer exist in this form, because of corruption practices. We are considering options so that we don't lose jobs. The goal is to direct state-owned enterprises towards clean technologies and circular economy, defense and aerospace technology, bio-technologies, important minerals, metals and raw materials, the minister said. He reported a record growth of 3.5 billion euros in foreign investments for the first 10 months of 2023 and an investment intention of over 1.1 billion euros in Plovdiv, Stara Zagora and Burgas. Work is also underway in relation to another possible investment of over 600 million euros in the automotive sector, Minister Bogdanov added.
Employers are contesting the rise of the minimum wage. The Bulgarian Industrial Capital Association announced that they filed a complaint in the Supreme Administrative Court. About 430,000 people in the country work for minimum wage...
If the political crisis continues, the lost benefits will reach a threshold after which the Bulgarian business will begin to lose competitiveness due to growing deficits in education, healthcare, infrastructure, regional development and demographics...
We are moving towards the option of not having a quickly adopted budget for 2025, Lachezar Bogdanov, chief economist from the Institute for Market Economics, told BNR. In presenting the institute's alternative state budget, the..
With a growth of 2.2 percent, Bulgaria is among the top 6 countries in the EU, Caretaker Minister of Economy Petko Nikolov reported..
Bulgarian National Bank (BNB) Governor Dimitar Radev has met with EU ambassadors and discussed the country's upcoming accession to the..
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