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, temperatures will be between 16 and 19°C , with 16°C in Sofia. During the day, a cold atmospheric front passing from west to east will bring more significant cloud cover. Scattered showers will start around noon in western and central..
The entire Europe Motorway will be open for traffic o n Sunday (September 14) , Bulgaria’s Minister of Regional Development and Public Works Ivan Ivanov said at a meeting of the Parliamentary Committee on Regional Policy, Public Works and Local..
A new Institute for the Bulgarian Diaspora and Cultural Heritage Abroad has been launched at the University of Library Studies and Information Technologies (UniBIT). The move was approved by the government at the request of the university rector...
An International Monetary Fund mission will visit Bulgaria as part of its annual review of the country’s economy , the Fund said in a statement...
A Bulgarian delegation recently visited Kyiv at the invitation of President Volodymyr Zelensky , Ukraine’s ambassador to Sofia Olesya Ilashchuk said on..
On Wednesday minimum temperatures will range between 13 and 18° C., for Sofia 15° C. During the day the weather will be predominantly sunny with..
sunshine, cloud, rain and thunder
Mostly Cloudy
Partly cloudy, chance of rain