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Finance Minister Assen Vassilev

Assen Vassilev does not insist on being Deputy Premier after the cabinet rotation

''I have never been a Deputy Prime Minister in this cabinet and I have never insisted on being a Deputy Premier. I have always been and wanted to be the Minister of Finance’’, Assen Vassilev said for Nova TV with regard to the upcoming..

29.01.24 09:49 |
Premier Nikolay Denkov attends the groundbreaking ceremony for the construction of the Ruse-Veliko Tarnovo motorway

PM Denkov expects the 2024 budget to be adopted on time and to be balanced

I expect   the state budget to  be adopted on time and to  be balanced, Bulgaria’s Prime Minister Nikolay Denkov told journalists after the groundbreaking ceremony for the construction of the Ruse-Veliko Tarnovo motorway  which took place..

03.12.23 15:44 |

Government, trade unions and employers discuss 2024 budget

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..

21.11.23 06:05 |
Assen Vassilev

Bulgaria's Finance Minister presents the parameters of Budget 2024

Bulgaria's Minister of Finance Assen Vassilev presented the draft of the state budget for 2024. It foresees a GDP growth of 3.2% and an average annual inflation of 4.8%, and according to estimates, it should fall to 3% at the end of 2024.  A minimum..

10.11.23 19:14 |
Finance Minister Assen Vassilev

Bulgaria must quickly renegotiate clauses of the Recovery Plan

The 2023 state budget with a 3% deficit is feasible and does not "tighten the belts", Finance Minister Assen Vassilev told Nova TV. A total of BGN 250 million (EUR 125 million) has been additionally allocated for salary increases in various sectors,..

31.07.23 09:25 |
PM Nikolay Denkov

The ruling parties will support revenues in 2023 budget

The Parliamentary Committee on Budget and Finance made some wrong decisions that did not ensure the financial framework of the budget. I have the assurance of the leaders of the parties supporting the cabinet that they will correct the decisions, Prime..

26.07.23 11:15 |
Finance Minister Assen Vassilev

Finance minister withdraws his support for 2023 budget

After more than 11 hours of the budget committee meeting, Finance Minister Assen Vassilev said that he no longer supported the 2023 budget. The reason is the sharply increased costs for salaries and other payments and the drastically cut measures to..

26.07.23 09:08 |

Budget 2023 puts state-funded institutions on the brink of survival

Against the backdrop of the July heat, the heated arguments about the 2023 budget continue. By July 25, when the National Assembly must finally vote on the state's financial framework, a decision must be reached on the increase of income in the budget..

17.07.23 14:40 |
Todor Kapitanov, vice president of CITUB

CITUB and Podkrepa unions are on strike alert

The Confederation of Independent Trade Unions in Bulgaria (CITUB) expects, in the new budget for 2023, an increase in the pay of all those working in the budget sphere , which will compensate for the inflation in Bulgaria. According to the..

15.06.23 19:38 |

MPs decide on minimum wage for civil servant of 780 BGN

The new extension of last year's state budget should be valid until the end of July, the members of the relevant parliamentary committee decided, considering in the second reading the so-called extension law for State Budget 2022.  In the editing..

13.06.23 16:01 |
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