Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Government, trade unions and employers discuss 2024 budget

Photo: archive

The National Council for Tripartite Cooperation meets today to discuss the state budget, the budget of the National Health Insurance Fund and the budget of the State Social Security for 2024. The meeting will be chaired by Deputy Prime Minister Mariya Gabriel, but Prime Minister Nikolay Denkov will also participate.

The budget foresees an increase in the minimum salary from January 1, 2024 - from BGN 780 (EUR 398) to BGN 933 (EUR 477). However, trade unions are demanding more money and wage increases in sectors such as transport, agriculture, higher education and healthcare. The Chairman of the Bulgarian Industrial Capital Association Vasil Velev said on November 20 that the business would not support the budget for 2024. "There are practically no reforms. There is an outpouring of money that we don't have, there is an increase in debt, an increase in the cost of debt", Vasil Velev commented.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Bulgarian Posts to receive €25m state aid approved by the EC

BGN 50 million (€25.51 million) will be granted to Bulgarian Posts postal operator, after the European Commission approved, under EU state aid rules, Bulgaria's plans to grant state aid to the company in order to restore its viability.  Bulgarian..

published on 7/2/24 4:50 PM
Korman Ismailov

Fear grips DPS, Korman Ismailov, former head of the youth organisation says

"Fear is shaking DPS. I'm talking about the apparatus," Korman Ismailov, former head of the youth organisation of the Movement for Rights and Freedoms (DPS), told BNR. According to him, the party, which came second in June's parliamentary elections,..

published on 7/2/24 4:16 PM

Eurostat: Unemployment in Bulgaria falls to 4.4%, EU average stabilises at 6.4

The euro area unemployment rate stabilised for the second consecutive month in May at 6.4%, the lowest level since 1998.  In Bulgaria the unemployment rate fell from 4.5% in April to 4.4% in May. Youth unemployment (under 25s) in the country is 14%...

published on 7/2/24 2:57 PM