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’s Minister of Foreign Affairs Ivan Kondov participated in the G20 Foreign Ministers’ Meeting within the framework of the General Debate of the 79th session of the United Nations General Assembly, the Ministry of Foreign Affairs said. In his..
Bulgaria supports the United Nations' mission of having humanity's future shaped by development policies and not by military conflicts, President Rumen Radev said during a meeting with UN Secretary-General António Guterres in New York. President Radev..
At the initiative of the Council of Europe, the European Day of Languages is celebrated every year on September 26. The initiative, supported by the European Commission and the Council of Europe, aims to promote cultural diversity and..
The Central Election Commission held a draw to determine the order in which the parties and coalitions will appear on the ballot for the early..
"It's about time." Thus succinctly President Rumen Radev commented from New York on the possibility that on October 10 of this year a proposal be..
Starting October 11, 2024, a Turkish shipping company will operate a ferry connection between Istanbul and Burgas. It will mainly..
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