74361
Bulgaria Risks Higher Inflation
Bulgaria Risks Higher Inflation

Bulgaria Risks Higher Inflation

Bulgaria Risks Higher Inflation

Real wage growth in Bulgaria has been exceeding productivity growth, posing the risk of higher inflation, it has emerged from an annual report by the European Commission, IBNA reported. In the commission’s annual report, titled Labor Market and Wage Developments in Europe, it is pointed out that real wage growth exceeded productivity growth in the Baltic sStates, Slovakia and Bulgaria in the 2014-16 period. Bulgarian employers’ organizations have warned for years about the dangerous overruns in labor costs. For this imbalance, they blame the government, which has been constantly raising the statutory minimum salary.

Short URL : https://goo.gl/5iPT9q
  1. https://goo.gl/8qwSPH
  • https://goo.gl/RXmdtj
  • https://goo.gl/KLrkpz
  • https://goo.gl/9i72bf
  • https://goo.gl/twjNJL

You can also read ...

The treasury department in Washington
Foreign governments pulled back their purchases of longer-term...
Brazil, India Corporate Debt at Risk of Default
A 200 basis-point increase in interest rates could spark a...
Shares of petrochemical companies in Asia slumped on Tuesday, tracking the global equity downturn overnight.
The trade dispute between the world’s two largest economies...
Six people including two former HBOS bankers were jailed last year.
An internal Lloyds Banking Group report written by a former...
BoK Hints at Rate Increase
Bank of Korea Gov. Lee Ju-yeol indicated Tuesday that the bank...
London Metals Cut Losses
London metals edged higher and Shanghai contracts cut early...
China Accuses Trump of Blackmail, Vows Strong Retaliation
China vowed to retaliate after President Donald Trump...
Mario Draghi
Mario Draghi promised that the European Central Bank will take...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus