The partners in the Tripartite Cooperation Council (government, employers, trade unions) were unable to reach agreement on the draft laws providing for an increase in wages and pensions. Both the government and the employers are against a..
The leaders of "We Continue the Change" Kiril Petkov and Assen Vassilev said they would not participate in a government formed on the mandate of GERB. If the government-forming mandate is later handed over to another political force, including..
The maximum pension in Bulgaria will rise to EUR 1,738 as of tomorrow, October 1. In July 2022, the maximum pension increased from EUR 766 to EUR 1,022. The recalculation of pensions granted until the end of 2021, will also come into effect on..
The MPs approved, at first reading, the update of the state budget. As of 1 July a differentiated VAT rate is being put in place – for bread VAT will be zero, for natural gas supplies – 9% instead of the current 20%. VAT on wine and beer served at..
Bulgarian MPs debate at first reading an update of the budgets of the National Health Insurance Fund and the state social insurance and the state budget. The update was rejected by the Budget and Finance Parliamentary Committee. The amendment..
Bulgaria’s Premier Kiril Petkov called the anti-crisis measures amounting to EUR 1 billion “unprecedented”. The new measures will be included in the amendment of the state budget. The cabinet is expected to approve the measures at today’s sitting...
The Sofia City Prosecutor's Office is inspecting the activities of Bulgaria's state-owned Bulgarian Posts EAD company after receiving a signal for official and computer crimes in connection with illegal access to the company's information system, the..
Bulgaria’s Minister of Labor and Social Policy Georgi Gyokov proposes raising pensions as of July 1. The increase will follow the so-called “Swiss rule”. According to Minister Gyokov, all pensioners should also receive a monthly supplement to the tune..
The Stand Up Bulgaria party was officially established today. Former Ombudsman Maya Manolova was elected as its leader. The newly-founded party is to start touring the country under the motto “A new social contract- you deserve more for your work”...
After more than four hours of discussions, the MPs adopted at first reading the Social Security Act with 129 votes in favour, 92 against and no abstentions. Among the planned changes is the increase of the minimum wage from 650 (332.34 EUR) to..
