So far, there has been no reaction from the President and Prime Minister to the calls of employers' organizations for convening the National Security Council over electricity prices. Vasil Velev from the Bulgarian Industrial Capital Association has told BNT that employers are looking for such a meeting before the new year. On the first working day of 2022, a meeting of all representative employers' organizations is convened to decide on their next steps.
If no solution was found for the expensive electricity, many companies might not resume work after the holidays or there might be cuts in salaries and staff, as well as rising inflation, Velev warned.
Bulgarian intermediaries have been identified as some of the links in an investigation into an international scheme for laundering Russian money. BGNES cites data from Intelligence Online according to which two Bulgarian brokerage companies..
From today until December 21, Sofia’s City Garden is hosting the traditional German Christmas Market. The 15th edition of the market features food stalls, fragrant mulled wine, and cultural events, including concerts by young performers and..
Illegal recruitment agencies in Uzbekistan are sending workers to Bulgaria with promises of salaries of 5,000 leva (€2,560) . The reality often discourages them from staying, leaving employers at a loss. Officials, employer organisations and businesses..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
On Tuesday, overnight lows will range from 7°C to 12°C, rising to 12–16°C in eastern Bulgaria and around 9°C in Sofia. It will be a cloudy day with rain,..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
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