Minimum Wage Shall Increase? No…
Only half a year ago the labor unions and the Social Minister insisted on raising the minimum wage (MW) in 2011 to 270 BGN. This did not happen then, but now KNSB, teamed up with Totyo Mladenov, are pushing for the increasing of the MW by as much as 50 BGN (from 240 to 290 BGN) by mid-year on. Their motives are similar to the last year ones – more money for the workers, fair price of labor, budget revenues, and economic growth. But, is that the case?
FDI Flows in Bulgaria?
BNB data on FDI flows in 2010 justified the expectations for a drastic drop of FDI flows to Bulgaria. Last year there were inflows in the country amounting to EUR 1.359 million, which represents an annual decline of almost 60%.
Economic Library of IME and BMA - Events & Photos
Institute for Market Economics and Bulgarian Macroeconomic Association with the support of America for Bulgaria Foundation created the first economic library in Bulgaria. The official opening of the library was in June 2010.