The tripartite cooperation council failed to reach agreement on the draft budget for 2023.
Both employers and trade unions expressed serious concern over the excessive deficit of 6.4% which could lead to Bulgaria’s severe indebtedness, BNR’s Marta Mladenova reports. If all expenditure and revenues go ahead as planned, there will have to be additional debt financing this year, amounting to around EUR 7 billion. According to employers, the budget deficit proposed is going to delay Bulgaria’s accession to the Eurozone. The trade unions are demanding a rise in salaries in the public sector by 15-30%, and not, as the caretaker cabinet proposes by 10%, and only where salaries were not raised last year.
"Currently, Bulgaria is one of the few in the EU that unconditionally meets all nominal criteria for convergence to the eurozone, including the price stability criterion, with which we have had problems in recent years." This was..
GERB leader Boyko Borissov denied that there was pressure from the leader of DPS-New Beginning, sanctioned under the global Magnitsky Act, Delyan Peevski, to be in power. He expressed confidence in the future of the cabinet due to..
On March 27, traffic on the Danube Bridge near Ruse on the border with Romania will be suspended because of the ongoing major repairs. The passage of passenger cars will be limited from 9:00 a.m. to 9:00 p.m., and that of heavy..
Workers in state psychiatric hospitals have gone on strike demanding higher salaries and better working conditions, including adequate workplace..
North Macedonia’s Minister of Health Arben Taravari and his Bulgarian counterpart Silvi Kirilov, together with the Foreign Ministers of Bulgaria and..
Bulgaria ranks third among EU countries in terms of minimum wage growth in the period 2015-2025. According to Eurostat, during this..
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