Bulgaria Must Support Entrepreneurs in Crisis Times – Labor Minister

Society | June 6, 2013, Thursday // 12:20|  views

Hasan Ademov, Minister of Labor and Social Policy, photo by BGNES

Hasan Ademov, Bulgaria's new Minister of Labor and Social Policy, has suggested that the country will boost its economic competitiveness by redirecting resources earmarked for generating temporary employment to retraining.

In a Thursday interview for private TV station Nova TV, Ademov made clear that the new government intended to tie social benefits to literacy and training.

"If we examine the structure of unemployment in Bulgaria, we shall see that they are low-educated, with primary education, which means that they are outsiders on the labor market. In order to put an end to this, the idea we are developing is to tie social benefits to some form of qualification or improvement of literacy skills," he explained.

Ademov noted that the profile of Bulgaria's new government was not that of a government which was ready to hand out taxpayers' money, adding that the social package aimed to help low-income people prepare for the winter season.

Bulgaria's new Labor Minister noted that in times of crisis the state had to support entrepreneurial citizens and to give the business sector the opportunity to develop, thereby reducing the number of people living off social security.

Ademov argued that Bulgaria would not achieve economic growth by increasing social benefits and neglecting business.

He specified that the government had not yet adopted a decision on increasing the financial assistance for first-graders by BGN 100.

Ademov also noted that maternity allowances for children aged 1-2 would increase by BGN 70 to the rate of BGN 310 from July 1, adding that the funding would be provided from the National Social Security Institute.

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Tags: Hasan Ademov, Labor Minister, maternity allowance, social benefits, unemployment


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