Bulgarian Chamber of Commerce

Bulgarian Employers' Associations, Trade Unions Protest Imminent Power Price Hike

Representatives of employers' associations and trade unions staged protests over a forthcoming power price hike in a number of cities across Bulgaria.

The rally in Sofia, which started at the Council of Ministers building an ended in front of the National Assembly, was attended by several hundred people, according to reports of Capital daily.

Energy Watchdog Chair - Further Postponement of New Power Prices Is Impossible

Ivan Ivanov, Chair of the Commission for Energy and Water Regulation (KEVR), has said that there is no option to further postpone the entry into force of new electricity prices.

Speaking after a Tuesday meeting of KEVR, he commented that the demands of trade unions and employers' associations for a new postponement could not be met as the law did not allow for that step.

Bulgaria's PM, Ministers, Discuss Power Rate Hike for Industrial Consumers

Bulgarian Prime Minister Boyko Borisov has summoned a meeting of all ministers over the planned increase in electricity prices for industrial consumers as of July 1.

Sunday's meeting at the Council of Ministers building in Sofia is to also include energy experts, according to reports of the Bulgarian National Television.

Bulgaria Power Price Hike 'Backed by Intl Business Unions'

Several business unions of international companies have moved to support Bulgarian energy watchdog KEVR's intention to increase electricity prices for industrial consumers, Capital Daily says.

This comes amid tensions between national business unions and the energy regulator as the latter is intending on rising industrial power prices in July.

Bulgarian Minimum Wage Up By BGN 16 Starting July

The minimum wage in Bulgaria will increase by BGN 16 starting July 1 and will thus slightly surpass the country's estimated poverty line.

Upon all taxes and insurances are paid, the current minimum wage reaches BGN 282. Starting July 1, the amount will increase to BGN 298, as stated in the report presented by Labor Minister Ivaylo Kalfin.

Bulgaria's President Urges Integration among Businesses in Balkan Countries

Speaking during an official visit to Serbia, Bulgaria's President Rosen Plevneliev stated that regional neighborhood was the most precious value in the Balkan countries.

Plevneliev took part in a forum attended by over 50 business representatives from the two countries.

Bulgaria, Macedonia to Strenghten Trade Relations

A Bulgarian-Macedonian business forum will take place in Sofia in the spring of 2015.

The two countries discussed Macedonia's European future.

The announcement was made during a meeting between representatives of the Bulgarian Chamber of Commerce and Industry, the Macedonian-Bulgarian Chamber of Commerce and the Economic Chamber of Macedonia in Skopje on Tuesday.

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