The tripartite cooperation council failed to reach agreement on the draft budget for 2023.
Both employers and trade unions expressed serious concern over the excessive deficit of 6.4% which could lead to Bulgaria’s severe indebtedness, BNR’s Marta Mladenova reports. If all expenditure and revenues go ahead as planned, there will have to be additional debt financing this year, amounting to around EUR 7 billion. According to employers, the budget deficit proposed is going to delay Bulgaria’s accession to the Eurozone. The trade unions are demanding a rise in salaries in the public sector by 15-30%, and not, as the caretaker cabinet proposes by 10%, and only where salaries were not raised last year.
On Thursday morning, temperatures will range from 19 to 23°C, 21°C in Sofia. Considerable cloud cover is expected over the eastern regions during the morning, with showers likely in north-eastern Bulgaria. The rest of the country will see sunny weather...
The National Assembly adopted a declaration condemning the ongoing war against Ukraine and the political repression of Vladimir Putin's regime with 112 votes in favour. The draft document was submitted by We Continue the Change – Democratic Bulgaria..
The Association of Bulgarian Schools Abroad (ABSA) is holding its XVIII annual conference in Veliko Tarnovo , bringing together members from around the world. The motto of this year's conference is "Learning by Playing! Playing by Learning!", the..
Bulgaria and six other EU member states have not signed a joint statement condemning Israel over the situation in Gaza. The statement was signed..
The U.S Department of State has made a determination approving a possible Foreign Military Sale to the Government of Bulgaria of Naval Strike..
According to forecasts by industry representatives, the introduction of the euro is expected to impact property prices in Bulgaria . Some predict price..
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