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Bulgaria's Confederation of Independent Trade Unions calls for an additional €100 million to urgently boost public sector salaries, especially in underfunded institutions. They argue the proposed 5% increase falls short of the originally promised 10%, significantly impacting employee retention and recruitment efforts.

Bulgarian Ambassador to the US, Georgi Panayotov, and EnduroSat CEO, Raycho Raychev, met with experts from the US House Science Committee to discuss the company's innovative satellite technologies. EnduroSat, a leading European aerospace company with a strong US presence, impressed the committee with its work on the Balkan-1 satellite, which transmits data for the EU's Copernicus program.

The UK economy unexpectedly contracted by 0.1% in January, driven by a sharp decline in the production sector and a slowdown in construction activity. The services sector managed a modest rise, but the overall decline underscores the challenging economic environment facing Chancellor Rachel Reeves as she prepares her spring statement.

Gold prices have reached a historic high, surpassing the $3,000-per-ounce milestone due to rising global tensions and economic uncertainties triggered by President Trump's trade actions. As investors gravitate toward safer assets, analysts predict gold will continue its upward trajectory, potentially achieving an even higher price by the year's end.

Bernard Arnault, the 76-year-old chairman and CEO of luxury giant LVMH, is seeking to extend his leadership role at the company until he turns 85, despite concerns about the potential pitfalls of long-serving leaders. The vote on his proposal will take place at the company's annual general meeting in Paris next month.