Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Trade Unions object the 2023 draft budget announced by the caretaker Minister of Finance

Photo: archive

The two largest trade unions in Bulgaria, the Confederation of Independent Trade Unions in Bulgaria (CITUB) and the Confederation of Labor "Podkrepa", objected the 2023 draft budget announced by the caretaker Minister of Finance. According to the draft budget, the minimum salary should remain unchanged at BGN 710 (EUR 363). 

However, the trade unions insist that it should amount to 50% of the average salary and described the proposal as a sabotage of social dialogue. "Taking into consideration the current inflation which is nearing 19%, a minimum wage of EUR 363 is an insult to everyone who receives it," said Lyuboslav Kostov, Chief Economist at the CITUB. In his words, the net amount of the minimum salary is almost equal to the poverty line. The draft budget also envisages an annual average inflation rate of 6.4%. According to the draft budget, unemployment will stand at 4.6% and the gross domestic product will increase with 1.6%.




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

Orange code for dangerous precipitation issued for 11 Bulgarian districts, yellow code is in place for another 12 districts

On Thursday, the lowest temperatures will range from 14°C to 22°C, for Sofia 14°C.   A cold atmospheric front will pass through the country during the day, bringing short-term showers, thunderstorms and hail in many places. The northwesterly wind..

published on 7/16/25 6:45 PM

Citibank to finance new units 7 and 8 at Bulgaria's Kozloduy Nuclear Power Plant

Bulgaria has agreed to provide financing for the construction of units 7 and 8 of the Kozloduy NPP, the Ministry of Energy announced. A delegation led by Energy Minister Zhecho Stankov held final talks with Citibank management in New York. Units..

published on 7/16/25 11:12 AM
Admiral Giuseppe Cavo Dragone and Admiral Emil Eftimov

NATO's Multinational Battle Group in Bulgaria to be upgraded to brigade level

The Multinational Battle Group in Bulgaria is in an excellent position to grow and upgrade to brigade level. This was stated at the Novo Selo training ground by Adm. Giuseppe Cavo Dragone, Chairman of the NATO Military Committee . At the Novo Selo..

published on 7/16/25 10:53 AM