Outraged Bulgarian Employers Quit 3-Way Council
Business | October 6, 2010, Wednesday // 15:17| viewsThe President of the Bulgarian Industrial Association, Bozhidar Danev, talks to labor union leader, Zhelyazko Hristov (l), during a meeting of the Three-Way Council. Hristov passed away on September 15. Photo by BGNES
The associations of Bulgarian employers announced Wednesday their unanimous resolution to leave the Three-Way Council between them, the cabinet and the labor unions.
The move comes on the heels of the cabinet's Tuesday decision to up payments for social security upon retirement by 3% in a bid to relieve the country's strained health care system.
It was reported Tuesday that Prime Minister, Boyko Borisov, has signed with the labor unions an agreement to increase the social payments, without ever discussing it with the employers, who now say they would not take part in the Three-Way Council, when the latter has been replaced by bilateral talks.
The declaration is signed by: the Bulgarian Industrial Capital Association, the Confederation of Employers and Industrials in Bulgaria, the Bulgarian Industrial Association, the Bulgarian Chamber of Commerce and Industry, the Bulgarian Private Business Union "Vuzrazdane," and the Union for Business Initiative.
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