Bulgargaz Pursues Legal Action Against Gazprom Over Gas Supply Cuts
During a briefing at the Ministry of Energy, it was revealed that Bulgargaz intends to pursue legal action against Gazprom Export, seeking damages amounting to BGN 400 million
The minimum monthly wage (MMW) will be increased from BGN 420 to BGN 460 as of January 1, 2017 but there will be legislative amendments to the method via which MMW is calculated next year, stated Social Minister Zornitsa Rusinova.
Rusinova explained that the ratification of the important convention 131 of the International Labour Organization (ILO) is forthcoming. The convention guarantees balancing and predictability of growth of MMW.
In the convention, the method of negotiating MMW is based on economic instruments such as inflation, labour productivity, employment rate, GDP dynamics etc.
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During a briefing at the Ministry of Energy, it was revealed that Bulgargaz intends to pursue legal action against Gazprom Export, seeking damages amounting to BGN 400 million
Julian Voinov, an economist and financial expert, expressed optimism regarding Bulgaria's potential adoption of the euro in 2025 or early 2026
According to AFP, the Ukrainian army has declared a halt to the Russian offensive in certain areas of the northeastern Kharkiv region
This was stated by the Governor of the Bulgarian National Bank at the international conference "Bulgaria in the Eurozone, When?" in Sofia
Former Finance Minister Simeon Dyankov has suggested that Bulgaria's potential entry into the Eurozone may not materialize before 2026
In the initial quarter of 2024, Bulgaria's economy expanded by 0.4%, as per an expedited evaluation by the National Statistical Institute (NSI), a slight deceleration from the 0.5% growth witnessed in the final quarter of the preceding year
Sofia Airport's Terminal 3 Construction Set to Begin in Early 2026
COVID-19 Impact: Bulgaria's Grim Milestone as Highest Death Rate in EU