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 takes part at the international exhibition for the food industry, agriculture and horticulture "Green Week 2025" in Berlin, which starts today. The event, which will last until January 26, is the largest international exhibition in the field..
Friday will be mostly sunny until midday. There will be light to moderate westerly winds. Minimum temperatures will be between minus 6°C and minus 1°C, reaching minus 10°C in some basins, and maximum temperatures between 2°C and 7°C. In Sofia,..
Bulgaria’s President Rumen Radev met with the Ambassador of the State of Palestine to Bulgaria, Nasri Khalil Salim Abu Jaish. Rumen Radev welcomed the agreement reached on a ceasefire in Gaza and the release of the hostages . President Radev expressed..
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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