2,3 Million People In Bulgaria Live In Poverty 24/04/2008
Almost 2,3 million people in Bulgaria live under the poverty limit which is 176,64 BGN (round 88 EUR) in Bulgaria. 15,6 % yearly is the increasing of the life maintenance, which is the biggest raise for the last 8 years and indicates record price getting up. The poverty limit, estimated according 77 goods and services, defined as vital important for the physical surviving is 176.86 BGN (88 EUR) per man. Under this limit remain 34% of the households in Bulgaria. The common income of a person in a household have increased with 7.4% for February 2008 compared to 2007 and have reached 244, 37 BGN (122, 18 EUR) which is hardly 54.5% of the necessary amount for monthly maintenance of a person. The average work salary have increased with 10.4% according to 2007 but the slow temp of the... more

Bulgarian Labour Minister Busts Building Site - Sophia Echo 15/07/2008
Bulgaria will draft a list of companies that are repeat offenders against the country's labour laws and these companies will be barred from access to operational programmes and European funds, Labour and Social Policy Minister Emilia Maslarova said on July 14.She was speaking after leading officials and journalists on snap inspections of a building site in the capital city's Manastirski Livadi neighbourhood near Bulgaria Boulevard and of a pizzeria.The inspections were part of a "mass check-up" that has started throughout Bulgaria, the Labour and Social Policy Ministry said.The ministry ordered that work be suspended at the building site after the snap inspection found that workers lacked safety equipment, that two workers were under-age, and that two out of eight workers did not have... more

Bulgaria | Purchase Process 18/03/2008
Bulgaria: Purchase Process Below is the standard purchase process in Bulgaria and issues that may affect that purchase:     * As a non-Bulgarian national is currently not permitted to own land in Bulgaria, it is still necessary to form a Bulgarian limited company that can own land.     * The preliminary contract of sale will be drawn up by the purchaser's chosen lawyer, at which stage the purchaser will be expected to lodge a 10% deposit.     * The purchaser's lawyer will conduct the necessary checks on title documents, licenses and permissions, debts on title, and terms of contract.     * The purchaser must pay the balance of the purchase price as well as land tax and the relevant fees, amounting to around 5% of the purchase price. On payment of these costs, the property... more