Inflation in Bulgaria is gaining momentum and prices continue to rise. The Confederation of Independent Trade Unions in Bulgaria (CITUB) forecasts that annual inflation will exceed 6%. CITUB insists that the 2021 state budget be amended for the second..
Road construction workers are protesting for the second consecutive day in central Sofia. The companies from Bulgarian Branch Chamber “Roads” insist that they receive at least EUR 300 million until the end of 2021 out of all EUR 450 million due...
At a midnight session, the MPs in the National Assembly adopted at second reading the update of the state budget. Thus, the revenue part increases by BGN 2.5 billion and the expenditure part by BGN 2.3 billion. The main focus is on the measures in..
The Bulgarian Socialist Party will return the mandate to form a government on Tuesday (September 7). This was decided by the National Council of Socialists after a three-hour session. It has been decided that the party will not nominate a prime minister...
GDP growth of 3.5% with increased household consumption by 2.8% and expected annual growth of 3.6%. This is envisaged in the update of the state budget which the National Assembly adopted at first reading. The budget deficit for this year..
Today, Bulgaria’s National Assembly is to vote at first reading amendments to the 2021 state budget, the National Health Insurance Fund and the State Social Security. Pensions are expected to increase by an average of 12.5% as of October 1, as..
The Ministry of Defense needs EUR 2.1 million a month to address migration pressure, caretaker Minister of Defense Georgi Panayotov said in the National Assembly . However, the ministry would receive the money, if the National..
Bulgaria’s President Rumen Radev said that he has not yet decided when and to which political force he will hand the third cabinet-forming mandate. In his view, a working cabinet can still be elected within this National Assembly. "I do not want to..
The coalition "Stand up BG! We are coming!" has called on the MPs to immediately amend the state budget. The Chairperson of the coalition Maya Manolova insisted that the minimum monthly pension in Bulgaria be increased to EUR 188. "We cannot..
We are appealing to Bulgaria’s National Assembly to form a Committee on Budget and Finance and to amend the state budget, said this country’s caretaker Minister of Finance Assen Vassilev in Parliament. He reported on the implementation of the..
