"Whatever the budget is, things will be difficult," caretaker Minister of Agriculture Yavor Gechev told BNR. "Whether the deficit is 3% or 6%, the money will not be enough to implement policies to catch up with Europe," Gechev added.
"The budget reflects the rise in social spending. The figures show that the deficit will be 6.4%. Everything is in the hands of the MPs; they are elected to make the specific decisions," Gechev also said.
A new loan from the International Monetary Fund is a very extreme scenario, just a hypothesis. We are very far from that, Deputy Prime Minister for European funds, Atanas Pekanov, told Nova TV.
Translation: Al. Markov41% of the member companies of the Bulgarian Industrial Association expect an economic decline in 2025. 21% believe there will be no change compared to 2024. 65% of the respondents anticipate a deterioration in their own business due to the..
The price of electricity for households could increase by nearly 9% starting next year, according to estimates by the Energy and Water Regulatory Commission. This means that with an average consumption of nearly 400 kilowatt-hours, the monthly bills..
The leadership of the Confederation of Independent Trade Unions in Bulgaria (CITUB) insists that a national subsistence wage be introduced in Bulgaria, with the minimum wage in the country reaching at least 80% of the subsistence wage by 2027. According..
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