Dual Pricing, Strict Monitoring: What to Expect from Bulgaria’s Euro Adoption Law
The guiding principle in Bulgaria’s Law on the Introduction of the Euro is consumer protection
The "Podkrepa" Confederation of Labor has voiced strong opposition to the Bulgarian government’s plans to relax rules on hiring workers from third countries. A key proposal under discussion is to increase the quota for foreign employees in Bulgarian companies.
These measures were outlined by Deputy Prime Minister Grozdan Karadjov during a debate hosted by the National Tourism Board and the Bulgarian Industrial Chamber, focusing on improving access to foreign labor.
Atanas Katsarchev, chief economist at the Podkrepa Confederation of Enterprises, expressed serious concerns on Bulgarian National Radio. He pointed out that the government’s suggestion to allow up to 50 percent of a company’s workforce to be foreign employees lacks a clear analytical basis. According to Katsarchev, the initial working groups began discussions only at the end of 2023, leaving unclear how the 50 percent figure was determined.
The "Podkrepa" Confederation does not support this measure, warning it could jeopardize the domestic labor market and potentially increase unemployment among Bulgarian workers.
Currently, the law limits the share of third-country workers to 20 percent of a company’s average staff, with a higher threshold of 35 percent for small and medium-sized enterprises. This is already a considerable increase from earlier rules, which capped foreign employment at just 10 percent.
Prime Minister Rosen Zhelyazkov has reaffirmed that the “Balkan Stream” pipeline remains a functional and commercially viable energy project
Inflation in Bulgaria recorded a slight uptick in May 2025
Sofia recently hosted the fifth edition of the Green Transition Forum 2025, a major regional event focused on sustainable development
Bulgaria has secured an additional 300 million leva in debt from the domestic market, according to the results of the latest government securities auction held by the Bulgarian National Bank (BNB)
Wizz Air has launched a new flight connection between Sofia and Krakow, Poland
The question of how Bulgaria’s adoption of the euro will influence the real estate market has sparked considerable interest among property owners
Borderless Bulgaria: How Schengen Benefits Are Transforming Trade and Logistics
Bulgaria's Mortality Rate Remains Highest in Europe