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.
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..
Today, Sofia will host the fifth edition of the Global Women Leaders Forum. The event is organized by the Council of Women in Business in Bulgaria. Themed “Fast and Furious Changing World: Women in the Driving Seat”, the 2025 edition of the forum..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
Bulgaria has no additional conditions from the United States for the exception of the sanctions imposed on Lukoil to enter into force, Minister of..
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