The National Council for Tripartite Cooperation meets today to discuss the state budget, the budget of the National Health Insurance Fund and the budget of the State Social Security for 2024. The meeting will be chaired by Deputy Prime Minister Mariya Gabriel, but Prime Minister Nikolay Denkov will also participate.
The budget foresees an increase in the minimum salary from January 1, 2024 - from BGN 780 (EUR 398) to BGN 933 (EUR 477). However, trade unions are demanding more money and wage increases in sectors such as transport, agriculture, higher education and healthcare. The Chairman of the Bulgarian Industrial Capital Association Vasil Velev said on November 20 that the business would not support the budget for 2024. "There are practically no reforms. There is an outpouring of money that we don't have, there is an increase in debt, an increase in the cost of debt", Vasil Velev commented.
Bulgarian President Rumen Radev had a telephone conversation with Polish President Andrzej Duda ahead of the upcoming Three Seas Initiative Summit in Warsaw. Radev highlighted the importance and potential of bilateral industrial cooperation, including..
For the second year in a row, the Bulgarian Industrial Association (BIA) will today present its "Effectiveness of Economic Policy" index. The index identifies specific weaknesses in Bulgaria's economic policies that, if addressed, could improve the..
On Thursday lows will be between 7 and 12°C, 9°C in Sofia. Before noon it will be sunny. Around and after midday, cumulus clouds will develop and there will be brief showers in the western parts of the country. Maximum temperatures will be between 22..
In 2024, Bulgaria spent USD 2.208 billion (3.964 billion BGN), or 2.04% of its GDP, on defense, reads the annual report of NATO Secretary General Mark..
Bulgaria’s Ambassador to the United States Georgi Panayotov has requested an early end to his term, the Ministry of Foreign Affairs announced. The..
The Israel Defense Forces (IDF) have admitted to mistakenly firing on a UN facility in central Gaza in March, killing an UN staffer, reported BTA...
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