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 National Employment Agency will create a register of economically inactive Bulgarians aged between 16 and 65 who are neither studying nor working. This is outlined in a draft decree of the Council of Ministers. According to data from the National..
The third group from the 33rd Bulgarian Antarctic Expedition arrived at Livingston Island on January 17. The Bulgarian research vessel "St. St. Cyril and Methodius" welcomed and transferred the Antarctic team from King George Island to Livingston..
North Macedonia’s Minister of Foreign Affairs Timco Mucunski held a phone conversation with Bulgaria’s newly elected Minister of Foreign Affairs Georg Georgiev, describing it as friendly. ''I Had a friendly first phone call with Georg Georgiev, the..
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..
On the basis of December inflation data published yesterday by Eurostat, the Institute for Market Economics (IME) forecasts that the country could join..
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..
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