Bulgarians Join Balkan Protest Against Soaring Food Prices
Bulgaria has joined Croatia, Bosnia and Herzegovina, and Montenegro in organizing protests against rising food prices
Road Infrastructure Agency and Avtomagistrali Tcherno More representatives will meet Monday to discuss the payment of the sum due for the construction of the Hemus highway section.
The financial director of the company contractor, Petya Stoyanova, has warned that Avtomagistrali Tcherno More employees are ready to stage a protest on Tuesday blocking traffic on main thoroughfares if they do not receive a BGN 2.4M payment by tomorrow.
The company demands BGN 14M from the Bulgarian state for old works and for the construction of the new section of the Hemus highway, Bulgarian National Radio reminds. Stefan Chaykov, chairman of the Road Infrastructure Agency Management Board, has invited Petya Stoyanova and the company owner Dimo Dimov to attend Monday's meeting.
Avtomagistrali Tcherno More is working on the construction of the Hemus highway stretch between Shumen amd Belokopitovo. So far, the obligations of the state run up to BGN 13-14M, Dnevnik informs. Despite the lack of payment, the company has not stopped working on the highway, but in the last month has slowed down construction works significantly due to the shortage of means of circulation.
The company's employees have staged numerous protests over unpaid salaries, blocking main roads in Eastern Bulgaria.
In 2024, labor inspectors in Bulgaria carried out a total of 6,682 inspections in the construction sector, representing 13% of the overall 49,858 inspections conducted across all industries
According to a study presented to MPs by Prof. Emilia Chengelova, from the Institute of Philosophy and Sociology at the Bulgarian Academy of Sciences, the shadow (grey/informal) economy in Bulgaria remains high at 33%
A recent survey by digital payments company Visa reveals that most Bulgarians planning a winter vacation prefer to pay digitally at ski resorts
the last quarter of 2024, the proportion of properties purchased with mortgage loans in Bulgaria grew to 27%, or roughly every third property
Bulgaria's labor market remained stagnant throughout 2024
Retail sales across the European Union showed a decline in December, with both the eurozone and the EU reporting decreases
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