We end 2021 with a budget deficit of around 3%, as allowed by the Maastricht Treaty on the fiscal rules of the EU Member States. It is realistic that the 2022 budget would be adopted by parliament in February and there would be deficit. The framework is not ready yet and its main parameters cannot be announced, Finance Minister Asen Vassilev said. According to him, the minimum wage is likely to reach 363 euros a month.
Minister Vassilev also said talks on the Recovery Plan were under way in the EC. Work needsto be done is in the energy sector. It is expected that in mid-January there will be a version that will work for Brussels and for the Bulgarian energy sector, it was reported.
From today until December 21, Sofia’s City Garden is hosting the traditional German Christmas Market. The 15th edition of the market features food stalls, fragrant mulled wine, and cultural events, including concerts by young performers and..
Illegal recruitment agencies in Uzbekistan are sending workers to Bulgaria with promises of salaries of 5,000 leva (€2,560) . The reality often discourages them from staying, leaving employers at a loss. Officials, employer organisations and businesses..
In an unprecedented move, the Bulgarian government approved the 2026 state budget draft at its meeting toda y without the agreement of employers’ organisations. Tsvetan Simeonov, President of the Bulgarian Chamber of Commerce and Industry, said that..
On Saturday, the lowest temperatures will be between 0 and 5°C; in Sofia - it will be around 0°C. During the day it will be mostly..
The Bulgarian Ministry of Defense is requesting a postponement of one of the large payments under the contract for the second F-16 to 2028. Defense..
Great Britain has issued a special license on Friday that allows businesses to continue to work with two Bulgarian subsidiaries of sanctioned Russian oil..
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