The Minister of Innovation and Growth, Rosen Karadimov, has not given up on the idea of the Bulgarian Development Bank (BDB) granting preferential loans to those working in the public sector. In an interview with BNT, he said that his idea was misinterpreted as a bonus for civil servants.
The BDB will try to develop a financial market product through which public sector employees entitled to retirement benefits can use part of what is owed to them early in the form of a low-interest loan or other financial instrument, he said. "In this way the state bank will intervene in the social infrastructure to strengthen the human resources potential in key areas," he added and specified that this concerns firefighters, policemen, teachers, military.
Bulgaria’s Ministry of Finance has published the draft state budget in euros for 2026. The country’s GDP is projected to reach EUR 120.1 billion, with an economic growth rate of 2.7%. Planned revenues amount to EUR 51.436 billion, or 42.8% of GDP...
In 2024, 8.2% of people aged 18 or over who declared to be at work (either employed or self-employed) in the EU were at risk of poverty, according to data from Eurostat, cited by the BNR's Horizont channel. In Bulgaria, this share reached 11.8%. The..
The two largest trade unions in Bulgaria - the Confederation of Independent Trade Unions in Bulgaria and the Confederation of Trade Unions "Podkrepa" - are organizing a warning protest in front of the Council of Ministers building. It is planned for..
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