The Bulgarian Industrial Association does not support the proposal which envisages an increase of the minimum monthly salary in Bulgaria from EUR 312 to EUR 332 as of January 1, 2021.
In an open letter to this country’s Deputy Premier Mariana Nikolova, the Minister of Finance and the Minister of Labor and Social Policy, BIA notes that a sharp rise in the minimum wage would lead to rising unemployment in small and medium-sized municipalities, where local employers are facing huge challenges amidst the Covid-19 pandemic.
The employers contend that the planned 6.6% increase of the minimum monthly salary does not correspond to the decline in productivity, GDP and the rising unemployment in the country.
The Vazrazhdane parliamentary party is organizing a protest on February 22 in front of the Bulgarian National Bank against Bulgaria's entry into the Eurozone and for preserving the Bulgarian lev. Other parties and civil organizations are expected..
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The agriculture sector in Bulgaria maintains its stability, providing employment to 6% of the population and forming about 4% of the country's GDP. This is shown by current data on the state of the sector, presented by the Minister of Agriculture..
The Bulgarian Ministry of Tourism will work to create a map of important, but hard-to-reach tourist and cultural-historical sites. The goal is then to..
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