Employers are contesting the rise of the minimum wage. The Bulgarian Industrial Capital Association announced that they filed a complaint in the Supreme Administrative Court. About 430,000 people in the country work for minimum wage. The executive director of the association, Dobrin Ivanov, told BNR that there are two types of reasons for the complaint. The procedural ones are that the government incorrectly calculated the increase from EUR 470 to EUR 543, without the hike being in accordance with international acts that Bulgaria has ratified. The association also claims that 2025 “will be special in terms of the labor market and incomes. The reasons for this are the state of the economy of Bulgaria, the EU and the world," Ivanov says.
The growth of the national economy in the second quarter of 2025 accelerated by 3.5% on an annual basis. According to an analysis by the Bulgarian National Bank - BNB, the main factors for the acceleration are the decrease in imports..
For the first time, Bulgaria’s Minister of Finance Temenuzhka Petkova took part as an observer in the regular meeting of the Eurogroup held in Luxembourg, the Ministry of Finance said. Until now, Bulgaria has only participated in Eurogroup..
Since the beginning of the current year, Bulgaria has experienced record heat waves, a series of devastating fires, and a new disaster just days ago – catastrophic floods that claimed human lives . Climate change already has its price – and it is..
With the introduction of the euro on January 1, Bulgaria will benefit from the stability, liquidity and all the advantages of the common currency,..
Mostly Cloudy
Partly Cloudy
Clear