The Bulgarian state has placed two 2.5 billion-euro loans on international markets with maturities of 10 and 30 years. The yield is 0.4% for 10-year bonds and 1.48% for 30-year bonds. This has been a record low interest rate ever received by the..
The gray economy in Bulgaria in 2019 accounted for 21% of the country's GDP , data from the National Statistical Institute reveals. It amounts to 11.5 billion euros. This money is outside the social and health care system. In the conditions of a..
The tourism and transport sectors will receive special anti-crisis assistance, the social partners in Bulgaria agreed at an online meeting of the Tripartite Cooperation Council . Out of 65 anti-crisis measures, an agreement has been reached on 20 of..
In the current crisis caused by the Covid-19 pandemic, the major problems that Bulgaria's major trade unions, CITUB and Podkrepa, recognize are unemployment and preserving people's incomes against the backdrop of rising prices of basic commodities,..
On the World Day for Safety and Health at Work, April 28, the International Trade Union Confederation (ITUC) has called for classifying Covid-19 as an occupational disease. The aim is to provide better protection in the workplace, as well as to..
The leaders of the two biggest trade unions in Bulgaria – the Confederation of Independent Trade Unions in Bulgaria and Podkrepa labour confederation Plamen Dimitrov and Dimitar Manolov, discussed, at a meeting with PM Boyko Borissov, the..
I n an open letter to the Prime Minister and Ministers of Health and Labour, the Podkrepa Trade Union has expressed concern that Bulgarian workers are leaving for Austria to work as carers of elderly people and children, and as medical staff . In order to..
The Council for Tripartite Cooperation has discussed the government's proposals for compensations of businesses during the COVID-19 crisis at an online meeting . The epidemic has hit sectors such as the hotel and restaurant industry, manufacturing,..
The Confederation of Independent Trade Unions in Bulgaria will insist on a salary of at least EUR 350 for a young university graduate who starts working in their sphere. No taxes on minimum incomes and decent payment for overtime hours - these are also..
A survey of the average wages in the Balkans and in Bulgaria over the second quarter of 2017 was presented at an international meeting held in Sofia “Living standards in the focus of attention of the TUs.” The analysis indicates that the highest..