Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Tripartite cooperation council fails to reach agreement on budget 2023

Photo: BTA

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. 




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

The flu season is expected to peak at the end of December and the beginning of January

The flu season is expected to peak at the end of December and the beginning of January. In an interview with BNT, general practitioner Dr. Gergana Nikolova clarified that there are currently isolated positive cases of influenza. COVID-19 also..

published on 11/25/24 10:26 AM

The Bulgarian Antarctic base "St. Kliment Ohridski" reopens for the new polar research season

The Bulgarian Antarctic base "St. Kliment Ohridski" officially opened its doors on the eve of its patron saint's day . The members of the Bulgarian Antarctic expedition, led by Professor Hristo Pimpirev, set foot on the snowy shores of Livingston..

published on 11/25/24 10:14 AM
Rumen Radev (L) and Luong Cuong (R)

President Rumen Radev: Vietnam is an important partner for Bulgaria

After the meeting with his Vietnamese counterpart Luong Cuong in Hanoi, President Rumen Radev emphasized that Bulgaria will continue to support efforts to deepen cooperation between the European Union and Vietnam, reported BNR's special envoy to..

published on 11/25/24 9:51 AM