Bulgaria: President Radev Vetoes Changes to State Property Act Citing Loss of Legal Safeguards
President Rumen Radev has returned the recent amendments to the State Property Act to the National Assembly for reconsideration
Bugarian lawmakers passed at first reading amendments to the Labor Code, file photo
Bulgarian lawmakers passed Thursday at first reading amendments to the Labor Code making it mandatory to sign contracts with interns.
The contract is for a period of between 6 and 12 months under the proposal of the government. The mentor must have at least three years of service and professional experience.
The employer will be further mandated to issue a certificate at the end of the internship.
The amendments will affect young people who have graduated from high school and college, but do not have any prior work experience.
They are aligned with recommendations from the Council of Europe, according to Labor and Social Policy Minister, Hassan Ademov.
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On the occasion of International Migrants’ Day on December 18, migrant business owners in Sofia released a Manifesto of Foreign Entrepreneurs in Bulgaria
The Governing Council of the Bulgarian National Bank (BNB) has granted preliminary approval to Bulgarian-American Credit Bank AD (BACB) to acquire a controlling stake in Tokuda Bank EAD
Economist Dimitar Chobanov has warned that the current policies are pushing Bulgaria’s budget toward a structural deficit that is already becoming apparent
Bulgaria’s banking system will undergo a brief technical shutdown on New Year’s Eve
The demand for euro coin sets proved overwhelming, as post offices across Bulgaria reported that their stocks had rapidly depleted.
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