The Bulgarian Industrial Association (BIA) is against а uniform regulation in the EU of the minimum wages and of collective bargaining. In a letter to Bulgaria's Prime Minister, BIA rejects the European Commission's proposal to adopt a framework directive on minimum wages.
Sofia is the best city in Europe to retire to, according to a survey by the business solutions company Moneypenny, Forbes writes. The survey takes into account factors such as average cost of living, retirement savings needed, and a variety of..
The Bulgarian National Bank has lowered the base interest rate for the second consecutive month. As of August 1, it stands at 3.53%, down from 3.63% in July. Since the end of 2023, the base interest rate has been gradually falling. From February..
Moody's expects Bulgaria to join the Eurozone no later than the beginning of 2026. According to the rating agency, the growth of the Bulgarian economy in 2024 will be 2.9%. The ongoing domestic political crisis and the likelihood of new early elections..
Bulgaria has today received its first delivery of natural gas from the new Alexandroupolis terminal in Greece. The facility has been in commercial..
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