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.
The Renew Europe political group in the European Parliament has established a working group to examine instances in which the Bulgarian government may have acted against the rule of law. The move comes in response to what the group describes as..
As of December 31, 2024, there were 3,765,000 people of working age, or 58.5% of the country's population. Men are 1,970,000, and women - 1,795,000. This was announced by the Deputy Chair of the National Statistical Institute (NSI)..
President Rumen Radev has sent a letter to President Cyril Ramaphosa expressing his gratitude for the decision of the Republic of South Africa to lift visa requirements for short-term stays for Bulgarian citizens. Radev..
The President of the “Renew Europe” group in the European Parliament, Valérie Hayer, called on the European Commission to urgently send a mission to..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
On Thursday, minimum temperatures will range between 6 and 11°C across the country. Along the Black Sea coast, they will reach 13 to 16°C , while in Sofia..
Overcast, rain
Rain