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Todor Kapitanov, vice-president of CITUB

Unions ready for strikes if wages in budget sector lag behind inflation

The largest trade union in Bulgaria, CITUB, has threatened protests and strikes if the National Assembly does not fulfill the union's demand for the urgent adoption of the state budget with income policy and compensation for inflation for people..

13.06.23 14:25 |

Parliament approves extension of state budget at first reading

With 201 votes in favour, the National Assembly approved, at first reading, the extension of Bulgaria’s state budget for 2022, the Bulgarian news agency BTA reports. The deadline for proposals between first and second reading was reduced to..

09.06.23 11:25 |
Council of Ministers building

Caretaker cabinet proposes second extension of budget 2022

The caretaker cabinet is proposing, to the National Assembly, an extension of the budget 2022 extension law, until a new state budget for the current year is adopted, the government press service has announced. The bill proposed will provide..

30.05.23 17:59 |
Boyko Borissov

Without a state budget Bulgaria will go bankrupt after 10 June

The agreement on forming a government on a rotating basis is not a coalition between the first and the second political force, GERB leader Boyko Borisov told reporters. In his words it is responsible behavior because otherwise in June “we shall have..

23.05.23 18:31 |
Caretaker economy minister Nikola Stoyanov

Bulgarian Economy Minister: The state will stop payments if there is no new budget by June 10

After June 10, when the extended law on the state budget expires, the state will not be able to make payments, said caretaker Minister of Economy Nikola Stoyanov in an interview for the Bulgarian National Television.   "When there is no adopted..

21.05.23 11:17 |
Rositsa Velkova

Bulgaria's fiscal reserve decreasing, no reserves for higher revenues: Finance minister

At the beginning of the year, the fiscal reserve was BGN 11.9 billion (EUR 6 billion), while compared to May 10, it decreased to about BGN 10.3 billion (EUR 5.3 billion),  caretaker Finance Minister Rositsa Velkova announced in Parliament. According..

12.05.23 11:25 |
Parliament building

Discussion of draft state budget postponed, again

The draft state budget for the year will, most probably, not be discussed in parliament next week. T he draft with a deficit of 6.4% of the GDP which was submitted by the caretaker cabinet was supposed to have been discussed by the parliamentary..

11.05.23 16:03 |
Dimitar Manolov, leader of Podkrepa Trade Union

Social tension in Bulgaria rising over non-adopted state budget for 2023

Bulgaria's caretaker government, which is a technical body, gives direction for the development of the politicians who remain silent about the unadopted state budget. It is no longer possible to extend last year's budget, Dimitar Manolov, the leader..

01.05.23 11:30 |
CITUB President Plamen Dimitrov

Plamen Dimitrov: There are several mistakes in the budget

There are overwritten capital costs in the 2023 budget draft, the President of the Confederation of Independent Trade Unions in Bulgaria (CITUB) Plamen Dimitrov said , BTA informed. The capital expenditures are set for a little over EUR 5 billion,..

30.04.23 17:05 |
Caretaker PM Galab Donev

Caretaker prime minister advises MPs to think about how to reduce budget deficit

Bulgaria's caretaker Prime Minister Galab Donev recommended to the MPs to seek a solution on how to reduce the budget deficit from 6.4% to 3%. The government is holding an extraordinary meeting today with the task of adopting the draft state budget for..

28.04.23 12:35 |
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