Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

TUs and employers approve budget changes

The National Council for Tripartite Cooperation in session, 26 July, 2021
Photo: BGNES

The National Council for Tripartite Cooperation discussed future changes to the state budget for 2021.

The caretaker cabinet is proposing a 12.5% increase in pensions as of 1 October. “The raise is not going to jeopardize the country’s finances and does not require an increase in taxes,” commented Finance Minister Assen Vassilev.

An additional 1 billion euro of revenues and 900 million euro of additional costs are budgeted for. The deficit will shrink down from 3.9% to 3.6%.

Minister Vassilev requested that the regulation of the minimum threshold of social security contributions be pegged to the increase in the average salary.

Confederation of Independent Trade Unions in Bulgaria leader Plamen Dimitrov supported the proposals. The trade unions propose that public transport be subsidized, as well as an increase in food vouchers for employees. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Chief commissioner Lyubomir Nikolov

Over 43,000 euros found in those who demanded bribes from drivers of Robbie Williams' equipment

The two employees of the Executive Agency "Automobile Administration", who demanded bribes from foreign truck drivers transporting equipment for Robbie Williams' mega show, have been fired , brought to criminal liability and detained for 72 hours...

published on 9/29/25 7:05 PM

Partly cloudy skies and autumn-like temperatures expected on Tuesday

On Tuesday, the lowest temperatures will range from 5°C to 10°C, up to 13°C along the Black Sea coast. In Sofia the lowest temperature will be around 6°C. It will be mostly sunny during the day. In the afternoon, cloudiness will increase over the..

published on 9/29/25 6:30 PM

An increasing number of Bulgarians travel abroad, Greece is the most-preferred destination

In August 2025, the number of trips abroad made by Bulgarians totalled 1,078,900, which is a 19.4% increase compared to August 2024, according to data from the National Statistical Institute (NSI). The largest numbers of trips abroad by Bulgarians..

published on 9/29/25 2:20 PM