The gray economy in Bulgaria in 2019 accounted for 21% of the country's GDP , data from the National Statistical Institute reveals. It amounts to 11.5 billion euros. This money is outside the social and health care system. In the conditions of a..
Businesses have insisted on a freeze on the minimum wage next year and forecast a severe economic crisis in the coming months. The chairman of the Bulgarian Chamber of Commerce Radosvet Radev told BNR that the beginning of the crisis is yet to come...
The tourism and transport sectors will receive special anti-crisis assistance, the social partners in Bulgaria agreed at an online meeting of the Tripartite Cooperation Council . Out of 65 anti-crisis measures, an agreement has been reached on 20 of..
“Bulgaria has solid financial buffers and mechanisms and I am moderately optimistic about our exiting the crisis,” Plamen Dimitrov, leader of the Confederation of Independent Trade Unions in Bulgaria (CITUB) said for the Bulgarian National Radio...
The salaries of 70% of the Bulgarians are lower than the average wages in this country-EUR 615 a month. Most people receive salaries ranging between EUR 358 and 409, despite the last income increase (8%-12%) negotiated in 2018, the President of the..
According to the leader of the Confederation of Independent Trade Unions in Bulgaria (CITUB) Plamen Dimitrov, the system of social assistance must be reformed without a reduction of the financing; the poorest pensioners can receive a bonus through..
Europe wants higher salaries across the entire continent, but most of all in the countries of Eastern Europe where wages are many times lower than in the other European countries. This is the focus of the “Europe wants higher salaries” campaign..
