The Bulgarian government’s decision not to recognize the Bulgarian Employers’ Association for Innovative Technologies (BRAIT) as a representative organization for employers at the national level has led to its exclusion from the National Council for Tripartite Cooperation (NCTC). This decision, made by the Council of Ministers through its resolution No. 37/29.01.2025, has sparked criticism, with…
Economists have urged Bulgaria’s leadership to submit an application to the European Commission and the European Central Bank for an extraordinary convergence report on joining the eurozone. This appeal was directed to the Speaker of the National Assembly, the Bulgarian Prime Minister and the President. The petition comes in light of concerns over the draft…
Valeri Belchev, former acting Minister of Finance, has recently expressed strong concerns about Bulgaria’s financial management, particularly focusing on the lack of proper budget management tools. In an interview with Bulgarian National Radio, Belchev criticized the absence of budget management software in key governmental institutions, including the Ministry of Finance. He called it absurd that…
Financial expert Kamen Kolchev has advised against investing in real estate, warning that property prices in Bulgaria could drop by up to 20% upon the country’s entry into the eurozone, whenever that may happen. He pointed out that while Bulgarians had a strong preference for buying property, the limited development of financial instruments in the…
Social Minister Borislav Gutsanov has recently responded to an inquiry from MP Martin Dimitrov regarding the number of highly skilled workers who have been granted permission to work in Bulgaria under the “Blue Card” system. Dimitrov noted that the process for obtaining residence and access to the labor market in Bulgaria had been significantly simplified…
A recent survey conducted by the “Myara” sociological agency reveals significant skepticism among Bulgarians regarding the adoption of the euro. The telephone poll, conducted between January 29 and 31 among 800 adult citizens, shows that 57.1% of respondents are firmly opposed to Bulgaria joining the eurozone. In contrast, 39% support the transition to the single…
On January 31, First Deputy Minister of Economy Oleksii Sobolev chaired the first meeting of the Project Preparation Unit for Public Investment Projects (PPU). The working group will serve as an advisory body to the Cabinet of Ministers of Ukraine. It will act as the interface between the Public Investment Management (PIM) system and the…