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.
Bulgaria ranks third among EU countries in terms of minimum wage growth in the period 2015-2025. According to Eurostat, during this period the minimum wage in the country increased from 184 euros in 2015 to 551 euros 10 years later...
The Bulgarian government remains ready to provide additional assistance to its friends and neighbors if they need it in this difficult time. This was what Foreign Minister Georg Georgiev told his North Macedonian counterpart Timčo..
By blocking dozens of major roads and busy intersections, today restaurateurs are to express their disagreement with the lack of dialogue with the government and the 20% VAT for the industry set in the 2025 budget. Restaurateurs from..
Workers in state psychiatric hospitals have gone on strike demanding higher salaries and better working conditions, including adequate workplace..
A proposal for holding a referendum on preserving the Bulgarian lev has been submitted to the parliament's registry office. This was announced by the..
Bulgaria has improved its rating in the World Happiness Report , but remains 85 th out of 147 countries, which is the lowest position for an EU..
Clear