Text size

Trade unions expect 'cascade of protests' if state budget not approved

published on 1/9/25 4:39 PM

Lyuboslav Kostov

Photo: Maria Fileva

Protests could erupt if the National Assembly fails to approve this year's state budget, Lyuboslav Kostov, chief economist at the Confederation of Independent Trade Unions of Bulgaria (CITUB), said in an interview with BNR.

"Once again, the budget is hostage to political intrigues and cabinet haggling. There are many important issues in the budget and if Parliament fails to address them, a cascade of protests will follow, creating a snowball effect," the trade unionist said.

Unions and businesses protest against hike in industrial electricity prices

Meanwhile, employers have warned that tensions are rising in companies as electricity prices rise and the country faces an economic crisis. Dobri Mitrev, head of the Bulgarian Industrial Association, predicted that if there was no compensation mechanism for the excessively high industrial electricity prices, the result would be an increase in the prices of all goods and services and a surge in inflation.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News budget 2025 compensation electricity prices lyuboslav kostov parliament protest unions

More from category

A white fairy tale from Burgas!
Photo: Marina Kirova in the Facebook group

Frosty weather, subzero temperatures expected in almost all regions of Bulgaria on Thursday

On Thursday, the minimum temperatures in Bulgaria will be between minus 14 °C and minus 8°C. In Sofia, it will be around minus 12°C. The day will be sunny but frosty. The thermometer values in most places will be negative. Before noon, there will be..

published on 2/19/25 7:05 PM

Bulgaria honors the memory of national hero Vasil Levski

With various events throughout the country Bulgarians are marking 152 years after the death of the Apostle of Bulgarian Freedom Vasil Levski. Today, at 6:00 p.m. a memorial ceremony in front of the monument to the Apostle of Freedom in Sofia takes..

published on 2/19/25 6:08 PM

Request for extraordinary report on readiness for eurozone membership will be signed

BNB Governor Dimitar Radev will sign the request for an extraordinary convergence report on the fulfillment of the criteria for eurozone membership. This is clear from his response in an interview with BTA, in which Radev announced that the Central..

published on 2/19/25 5:33 PM