Podcast in English
Text size
Bulgarian National Radio © 2025 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

Yablanovo and Filaretovo honour victims of communist assimilation campaign

The villages of Yablanovo and Filaretovo will today hold a memorial ceremony for the victims of the forced renaming of Bulgarian Turks during the so-called "revival process" a campaign of forced assimilation under communism, in which people of Turkish..

published on 1/19/25 7:40 AM
Winter sunny spells in Varna.

Sunny Sunday for most of the country

Sunny skies will continue over most of the country on Sunday. It will be foggy in the valleys and some of the plains, but there will be a temporary improvement in visibility and a break in the clouds in the afternoon. The weather will be almost calm...

published on 1/18/25 7:05 PM

Protesters block road where girl died in accident with loose horses

Another protest over the death of 18-year-old Andrea has blocked the road to Kyustendil near the village of Yabalkovo. The girl was killed 20 days ago in a car accident with loose horses. The protest organisers vowed not to reopen the road until..

published on 1/18/25 3:06 PM