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 Council of Ministers decided to close the honorary consulate of Bulgaria in Montreal, Canada. The consular district is being closed at the request of the former Honorary Consul Georgi Panicherski, who requested to be released from his..
Bulgarian prosecutors and the FBI have worked together to uncover an embezzlement scheme involving Ruja Ignatova , acting Prosecutor-General Borislav Sarafov said. Ignatova will be tried in absentia. A procedure to confiscate her illegally acquired..
A contractor has been selected to supply 35 electric railcars, Transport Minister Georgi Gvozdeykov announced at the Green Transition Forum 4.0 in Sofia. The trains will be purchased with funds from the Recovery and Resilience Plan, he said. The..
Ivan Ivanov, chairman of the Energy and Water Regulatory Commission, announced that a decision would be taken today on how to compensate green energy..
At the European Council, Bulgaria will insist on including a text on the Republic of North Macedonia in the adoption of the conclusions of the meeting ,..
During the next 24 hours, cumulus clouds will develop again over the western half of the country. At night, there will be short-term..
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