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Posts tagged Bulgaria.

Last week’s resignation of Bulgaria’s government highlights the economic and political struggles plaguing Europe’s eastern flank, and the risks for investors and companies looking to do business in emerging economies. Unemployment in the eastern European countries is generally high, and recent data show no relief is in sight. Making matters worse, the austerity programs put in place to woo foreign investment have led to social unrest, such ...

Given its geographic location, educated workforce, and well-developed energy sector, Bulgaria is an attractive location for multinational employers. Although a member of the European Union, Bulgaria has its own labor and employment laws, which derive primarily from the Labour Code, which was adopted in 1986 and subsequently modified, most recently in December 2008. For employers planning to do business on Bulgaria, here are a few quick tips on ...

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