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.
The new Deputy Prime Minister and Minister of Transport Grozdan Karadajov has accepted the resignations of the heads of the National Railway Infrastructure Company Stoyan Stoyanov and of BDZ Freight Transport Company Hristiyan Krastev. The resignations..
37.4% of adult Bulgarians strongly agree with the formula of the new government. Another 21.4% accept it, but not strongly. 16.5% somewhat disagree and 20.8% disagree. The rest find it difficult to answer. Thus, the government of Rosen Zhelyazkov,..
Stanislas Stoyanov, a member of the European Parliament from Vazrazhdane, has been elected chair of the Europe of Sovereign Nations (ESN) political group within the European Parliament, according to a statement from the Vazrazhdane press office...
A global campaign focusing on the right of every child to grow up in a family environment has been launched in Sofia on the initiative of the UK..
Since 2007, when Bulgaria joined the European Union, the country has received €16.3 billion in EU funds, according to an analysis by the Institute for..
On the basis of December inflation data published yesterday by Eurostat, the Institute for Market Economics (IME) forecasts that the country could join..
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