Bulgaria’s Minister of Economy Bogdan Bogdanov dismissed the executive director and the board of directors of the State Consolidation Company, which manages the enterprises in the system of the ministry. The new management is temporary and their salaries will be reduced by half, the minister announced.
The State Consolidation Company manages a capital of over BGN 1 billion (more than EUR 500 million). Six out of eleven companies are inefficient. According to an analysis of the enterprises in the ministry's system, unjustified costs exceed EUR 347.68 million. Inefficient state-owned companies will be deprived of representation costs, and a limit of EUR 2556.46 per year will be introduced for the rest. A comprehensive analysis of all companies is pending. Business programmes for the period 2024-2026 will be also prepared. State Consolidation Company is a sole joint stock company with one hundred percent state ownership of its capital.
The number of pensioners in January this year increased by 15,630 people, or 0.8%, compared to the first month of the previous year, the National Social Security Institute informed. More than 2 million people live on pensions whose average value is..
Acting Prosecutor General Borislav Sarafov submitted a proposal to the National Assembly to strip the immunity from four MPs from "Vazrazhdane" due to acts of vandalism during the protest in front of the European Commission building in Sofia. These..
At the initiative of the European Union of Patient Organizations for the Fight against Rare Diseases, on the last day of February, we focus on people living with a rare disease. Awareness campaigns are organized to raise public awareness of this issue...
The effects of the protests against supermarkets are being felt, Agriculture Minister Georgi Tahov said in Plovdiv, where he was attending a national..
In 2022, 14.7% of workers in the EU were low-wage earners . By definition, low-wage earners are those who earn two-thirds or less of the average gross..
A serious restrictive and even repressive attitude among Bulgarian society on the current issues of school education and upbringing is shown by an..
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