The 2023 state budget does not tighten belts and does not cut social costs, Bulgaria’s Minister of Finance Assen Vassilev said for the BNR. We manage to collect taxes and maintain social spending without raising taxes. We inherited from the caretaker cabinet a deficit of EUR 600 million at the end of May, and in June there is a surplus of EUR 100 million, Assen Vassilev explained.
The targeted GDP growth of 1.8% will be achieved. There are no concerns that the budget deficit will exceed 3%. "The budget framework is going to withstand unless a second Chernobyl happens at the Zaporizhzhia NPP. Any requests for wage increases lead to new demands. Money should not be poured into unreformed sectors. If MPs support pay rises in some sectors, that is their decision”, Minister Vassilev added.
Plamen Dimitrov, president of Bulgaria’s largest trade union, the Confederation of Independent Trade Unions in Bulgaria (CITUB), has warned of a potential shortfall of around 17–18 billion leva (EUR 8.7–9.2 billion) in next year’s draft budget...
North Macedonian Prime Minister Hristijan Mickoski said his government will not unconditionally recognise Bulgarians in the country’s constitution. “Nobody has the right to expect this government to make constitutional changes unconditionally,” he told..
‘The Bulgarian Rectors’ Council has proposed the creation of Danube University Alliances,’ said Professor Miglena Temelkova, the Council's chair, at the ‘Days of Bulgaria in Kecskemét, Hungary’ forum. The idea is for the alliances to include..
The Bulgarian National Radio will host the 2025 Public Broadcasters International (PBI) Annual Conference . The prestigious forum will be held from..
On Saturday, minimum temperatures will range from 8 to 13°C , around 9°C in Sofia. It will be mostly cloudy with rain in many areas. There will be..
On Friday, the minimum temperatures in Bulgaria will be from 6 to 11°C, in Sofia – 7°C. During the day, it will be cloudy over most of the country. In..
+359 2 9336 661