Bulgaria's Prime Minister, Boyko Borisov, is meeting Wednesday with the leaders of the Podkrepa (Support) Labor Confederation and the Confederation of Independent Bulgarian Syndicates (KNSB).
After the regularly scheduled meeting of the Council of Ministers, Borisov will discuss with the labor union the much controversial and sudden increase of retirement age and eliminating years of service in determining wages of State servants.
Also on Wednesday, there will be a parallel meeting between the syndicates, Transport Minister, Ivaylo Moskovski, and the management of the troubled State-owned Railway Company BDZ Holding over the planed reform there, the looming layoffs and termless mass strike of BDZ workers that is expected to bring Bulgarian trains to a standstill, beginning Thursday.
According to reports, the ruling, center-right Citizens for European Development of Bulgaria party (GERB) will announce later during the day its final position on increasing retirement age by one year, effective 2012 - from 63 to 64 for males and from 60 to 61 for females.
Podkrepa and KNSB declared Sunday that they are quitting the Three-Way Council, which now has only representatives of the business and the cabinet. The move means an imminent failure in negotiations on all important social and economic issues the Council deals with. (Source: Sofia News Agency)