The largest trade union in Bulgaria, CITUB, has called for a 10% wage rise in the budget sector from July 1, 2023, in order to compensate for projected inflation.
The president of the trade union, Plamen Dimitrov, commented that if the requirement for a 3% budget deficit was not met for one or several years, the long-term fiscal outlook for Bulgaria would not be affected. Dimitrov added that the Economic and Financial Affairs Council of the EU allowed a deviation from the Maastricht rules for a ratio of 60% debt to GDP. Bulgaria should also request a review of the 3% deficit requirement, according to him. The increased deficit does not lead to disruption of the long-term fiscal perspective, Dimitrov claims.
Translation and publication by Al. Markov
Half of young people in Bulgaria with a monthly income of more than EUR 1 000 are afraid of financial problems , according to a representative survey by Trend. The "Young People in Bulgaria - Mental Risks, Challenges and Perspectives" survey was..
''The second evacuation flight from Lebanon will be carried out today around noon, provided the circumstances are favorable'', caretaker Premier Dimitar Glavchev said before inaugurating the reconstructed border checkpoint “Kalotina”. The flight crew..
Bulgaria’s caretaker Minister of Foreign Affairs Ivan Kondov met in the United States with John Bass, Acting Under Secretary of State for Political Affairs. The two countries agreed that the next session of the strategic dialogue between Bulgaria and..
A State Aviation Operator crew is standing by to fly to Lebanon as soon as the phased evacuation of the Bulgarians there is given a green light. This..
Bulgaria has begun evacuating our fellow citizens who expressed a desire to leave Beirut following Israel's attacks on Lebanon. Some of the Bulgarians..
The speculations of a rise in the price of sunflower oil in the coming months due to the poor harvest in the country will not come to pass, Vladimir..
Partly Cloudy
Mostly Cloudy