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 is participating with its national pavilion at the largest international exhibition for food, agriculture and horticulture, the 2025 Berlin International Green Week. The Bulgarian delegation to the event was led by Deputy Ministers of..
Decisions in the Joint Governance Council will be taken by consensus and will concern the executive and legislative powers, GERB MP Raya Nazaryan said. "This Joint Governance Council should be operational so that both the executive and legislative..
The Joint Governance Council will work intensively, and after Tuesday, it will begin appointing deputy ministers and regional governors, said GERB leader Boyko Borissov in parliament. The Joint Governance Council is established as a decision-making..
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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