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

TUs and employers approve budget changes

The National Council for Tripartite Cooperation in session, 26 July, 2021
Photo: BGNES

The National Council for Tripartite Cooperation discussed future changes to the state budget for 2021.

The caretaker cabinet is proposing a 12.5% increase in pensions as of 1 October. “The raise is not going to jeopardize the country’s finances and does not require an increase in taxes,” commented Finance Minister Assen Vassilev.

An additional 1 billion euro of revenues and 900 million euro of additional costs are budgeted for. The deficit will shrink down from 3.9% to 3.6%.

Minister Vassilev requested that the regulation of the minimum threshold of social security contributions be pegged to the increase in the average salary.

Confederation of Independent Trade Unions in Bulgaria leader Plamen Dimitrov supported the proposals. The trade unions propose that public transport be subsidized, as well as an increase in food vouchers for employees. 



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

Strong hail damages crops in south-eastern Bulgaria

Hail storm caused huge damage in the regions of Plovdiv, Haskovo, Stara Zagora and Sliven. No people were injured but crops in many places were destroyed .  The villages of Banya, Samuilovo, Zetiovo, Gita, Svoboda and Shivachevo..

published on 4/26/24 9:27 AM

Alarming UN data on the use of alcohol and cigarettes among students

13% of boys and 11% of 11-year-old girls in Bulgaria smoked at least one cigarette in the past 30 days of the survey, BGNES reported, referring to a UN report on the healthy behavior of school-age children. 17% of boys under 13 also..

published on 4/26/24 8:50 AM

Bulgaria hosts a global event of OECD related to students' skills

Today Bulgaria is hosting a global event of the Organisation for Economic Co-operation and Development. The results of the organisation's global report on social-emotional skills among 15-year-old students around the world will be announced from..

published on 4/26/24 6:35 AM