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Bulgarian business sector calls for electricity price compensations to continue

Businesses have demanded compensation for high electricity prices. In a letter to the prime minister and ministers, employers' organizations remind that the current compensation scheme expires in September and call for urgent measures. A possible delay..

09.09.22 10:56 |

Rise of inflation continues to outpace income growth

Social inequalities and inflation are two of the leading problems in Bulgaria’s income policy. While inflation is a pan-European issue, provoked by external factors, such as the war in Ukraine, the price of energy carriers, etc., the wide gap between..

22.08.22 12:59 |

Minimum salary options being discussed

As of 1 January, 2023, the minimum salary will be calculated on the basis of a formula, instead of being calculated administratively. The Ministry of Labour and Social Policy presented, to businesses and TUs, three different options of the..

28.07.22 10:28 |
Energy Minister Alexander Nikolov.

Government and employers agree on energy compensation measures

Bulgarian government proposes compensations for the electricity prices for the month of May equal to 80% of the increase over 100 EUR/MWh . The measures for natural gas prices envisage 100% compensation of the price increase in May, the cabinet..

16.05.22 13:40 |
Prime Minister Kiril Petkov after a meeting with employers on March 14. 2022.

Government extends electricity subsidies for businesses till the end of April

Bulgarian citizens should not give in to panic, Prime Minister Kiril Petkov urged after a meeting with employers. He was adamant that there would be no shortage of goods.  We are putting out fire after fire, Petkov said, adding that there is..

14.03.22 13:28 |

Economy Minister Ninova: what Bulgaria’s economy needs is direct support

Deputy Prime Minister and Minister of Economy Kornelyia Ninova met with employers to discuss the impact on the Bulgarian economy of the sanctions imposed on Russia, possible counter-sanctions and the consequences they will have for Bulgaria, the..

26.02.22 12:08 |

Employers demand urgent measures over high electricity prices

Employer organizations are demanding an immediate meeting with Prime Minister Kiril Petkov, at which the “situation which poses an imminent danger to the economy and to social peace” resulting from the high prices of electric energy and gas can be..

04.01.22 13:35 |

Employers warn of inflation, cuts in salaries and staff

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..

29.12.21 11:15 |

Kiril Petkov makes green certificate mandatory at the Council of Ministers

Bulgaria’s government has introduced a mandatory green certificate for entering the Council of Ministers building. This was announced by Lena Borislavova, head of PM Kiril Petkov’s office. Bulgaria’s Prime Minister Petkov will sign the decree..

16.12.21 14:55 |

Social Minister: Not having a green certificate is not a reason for dismissal from work

Bulgaria's Labour Inspectorate has received numerous signals from workers who are under pressure from their employers to get vaccinated. On this occasion, the Minister of Labour and Social Policy Galab Donev stressed in an interview with BNR that people..

31.10.21 13:41 |
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