The retirement age should not be changed – this is the position expressed by Social Minister Borislav Gutsanov talking to the Bulgarian National Television. He recalled that according to the law, it should reach 65 years by 2037. “This topic..
25% of workers are without an employment contract, the fight against the shadow economy should be a top priority for the state. This was stated on the occasion of Labor Day on May 1, Social Minister Borislav Gutsanov in Varna. For the minister, it is..
Bulgarians, especially young people, need to understand that it is essential to have an employment contract to protect their labour rights, Labour and Social Policy Minister Borislav Gutsanov said in Varna. He noted that the informal economy in..
It is important to the newly-elected government what kind of budget it is going to propose and uphold, and if it garners support in parliament, how it is going to guarantee its fulfillment, said Prime Minister Rosen Zhelyazkov in answer to a..
Financial and tax stability has been shaken in recent years so it is good that a government has been formed, said Vasil Velev, chairman of the Bulgarian Association of Industrial Capital, at a joint press conference of employers. "Romania was..
The Public Council for Restriction and Prevention of the Informal Economy has discussed a package of measures for restricting and countering undeclared labour. The proposals aim to restrict and counter undeclared labour by using the..
The turnover of Bulgaria’s gray economy amounts between EUR 12 billion and EUR 13 billion per year, data of the Confederation of the Independent Trade Unions in Bulgaria show. The share of shadow economy in this country’s economy is nearly 20%, mainly..
