There have been no discussions over cutting the pension rise planned for July 1, Finance Minister Vladislav Goranov has said. The rise will be 6.7%, as decided by Parliament in December. Currently, there are no planned reductions of salaries paid from the state budget, too. Partial measures may only be taken for some administrations, the Minister said and added it was not obligatory for companies to use the state aid for retaining workers. The government will propose to the parliament to increase the state debt. The central bank and commercial banks have been developing a single mechanism for deferring loans, Minister Goranov also said.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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