The largest trade union in Bulgaria, CITUB, has called for a 10% wage rise in the budget sector from July 1, 2023, in order to compensate for projected inflation.
The president of the trade union, Plamen Dimitrov, commented that if the requirement for a 3% budget deficit was not met for one or several years, the long-term fiscal outlook for Bulgaria would not be affected. Dimitrov added that the Economic and Financial Affairs Council of the EU allowed a deviation from the Maastricht rules for a ratio of 60% debt to GDP. Bulgaria should also request a review of the 3% deficit requirement, according to him. The increased deficit does not lead to disruption of the long-term fiscal perspective, Dimitrov claims.
Translation and publication by Al. Markov
The international scientific conference “Bulgarians in the Northern Black Sea Region” will be held in Sofia on October 27 and 28, 2025 in the Institute of Ethnology and Folklore with Ethnographic Museum at the Bulgarian Academy of Sciences, Prof...
The annual planned maintenance of Kozloduy NPP Unit 6 starts today and is expected to last until early December, the nuclear power plant has announced. During the shutdown, technical maintenance of the systems and facilities will be carried out,..
Saturday will start off with lows between 6°C and 11°C, dropping to around 6°C in Sofia. Skies will brighten for a time over northern Bulgaria before turning cloudy again later, with rain moving in by evening and overnight. Cloudy spells are also..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an..
On Friday, morning temperatures will range from 10 to 15°C, with 10°C in Sofia. Rain is expected in the western regions in the early hours. During the day,..
Mostly Cloudy
Cloudy
Overcast, rain
Partly cloudy, chance of rain
Partly Cloudy