Price controls

Soon price reductions on the shelves – The Prime Minister said in the interview he gave to Star that the minimum wage will be over 800 euros

This year, landlords and tenants have filed tens of thousands of legal cases to resolve the disagreements and conflicts among them, overwhelming the country's courts.

Some 90,000 rent dispute related legal cases have been opened at courts since the start of the year, Justice Minister Yılmaz Tunç said, noting that this marked a 100 percent increase from a year ago.

For the positions listed, employers offer maximum monthly salaries ranging from 1,000 to even 3,000 euros. The significant demand for specific professions coupled with a shortage of labor force has caused significant shifts in the job market, experts say.

Although tourism activity has rebounded with the COVID-19 pandemic-related troubles put behind, the industry is now facing another problem: Labor shortage.

Turkish hoteliers are trying to overcome this problem by hiring workers from other nations, such as Turkic countries and even from Indonesia, even though this costs them more.

Wage growth in the Eurozone is expected to be "very strong" over the next few quarters, but real wages are still likely to decline given the sharp rise in inflation, according to an article in the European Central Bank's economic bulletin released on Monday. Reuters.

The prices of medicines in Bulgaria have increased by about 10%. This is reported by pharmacists. According to Nikolai Kostov, chairman of the Association of Owners of Pharmacies, medicines and medical goods have become more expensive.

At an extraordinary sitting of the National Council for Tripartite Cooperation employers and syndicates voiced their concern with the situation on the electricity market and the substantial increase in the price of electricity for industrial consumers, reported the Bulgarian National Radio. 

Greece plans to further loosen capital controls soon and is on track to lift all restrictions imposed three years ago, its finance minister said on Saturday.

"We will have new easing (of capital controls) very soon," Euclid Tsakalotos was quoted as saying in an interview with Naftemporiki newspaper, without specifying when.

The Food and Agriculture Ministry has decided to impose a price ceiling for red meat in a bid to control recent rises.

According to new price regulations announced by Minister Faruk Çelik on Feb. 9, the maximum price for a kilo of ground meat will be 32 Turkish Liras (around $11), while the maximum price of a kilo of diced meat will be 34 liras. 

The Finance Ministry is planning to abolish all exemptions that currently apply as far as the Single Property Tax (ENFIA) for next year is concerned. The notices that 6.1 million property owners are to receive by October 15 will be a rude awakening for many with the first instalment due by October 30.

Changes include: