One of the two largest trade unions in Bulgaria, CITUB, estimates that the number of unemployed in Bulgaria could reach about 330,000 people by the end of 2020. This represents a rise in unemployment of about 4% annually. From a level of 5.9% at the end of 2019, unemployment will reach about 10% by the end of 2020. CITUB estimates that the additional pressure on the National Social Security Institute's unemployment fund (NSSI) will be two times higher than the government estimates, so an urgent reassessment of the parameters for updating the NSSI budget was needed.
At the backdrop of the complicated situation on the market caused by the epidemic, CITUB starts consultations on labor, insurance and other issues.
Two billion euros in additional state guarantees and a concession of the Bulgarian Sports Totalizator are part of changes to the draft budget for 2026, submitted between the first and second readings. The change that increases the..
The increase in the minimum wage is supported by 54.1% of Bulgarians. 1/3 of respondents believe that the minimum wage should be equal to the living wage. This is indicated by the results of a representative survey by the Myara..
“We see a rational plan for a quick peace from President Donald Trump, according to which the situation on the battlefield is developing extremely unfavorably for Ukraine, and he is trying to prevent a worse scenario and additional casualties,”..
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