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.
If the election for parliament were to be held today, 7 political formations are certain to enter the National Assembly, indicates a poll by Trend agency, commissioned by 24 Chasa daily. GERB/SDS comes first with an approval rating of 24.8%...
The foreign ministers of Bulgaria, Romania, Greece and Croatia held a meeting within the framework of the general debate at the UN General Assembly in New York, Bulgaria’s Foreign Ministry has announced. The foreign ministers of the four..
Renowned Bulgarian pianist Marta Deyanova has died in London at the age of 77, her son Martin wrote on Facebook. Marta Deyanova graduated from the Bulgarian National Music Academy, and honed her piano skills at the conservatoire in Antwerp,..
For the first time in 38 years the population of Bulgaria has practically stopped its downward trend. In 2023 the decline is by a mere 0.3%, or just..
Bulgaria is growing more and more visible for businesses in the US, said Bulgaria’s President Rumen Radev at a briefing in New York after meeting with..
Renowned Bulgarian pianist Marta Deyanova has died in London at the age of 77, her son Martin wrote on Facebook. Marta Deyanova graduated from the..
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