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 Institute of Agriculture-Kyustendil will celebrate the Festival of Agricultural Science today with a tasting of new apple varieties and hybrids, the institute’s director, Associate Professor Iliyana Krishkova, told BTA. Farmers will be presented..
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, skies will remain cloudy as rain moves from west to east, gradually easing in the afternoon with..
Bulgaria and Vietnam should make the most of their strategic geographic positions – Vietnam in Southeast Asia and Bulgaria in Southeast Europe – acting as a gateway for goods and services from Asia to Europe , President Rumen Radev said on Thursday. He..
By mid-2026, Bulgaria should be removed from the Financial Action Task Force (FATF) “grey list” of countries with deficiencies in its anti-money..
Frol and Frosia are the newest residents of the Bear Sanctuary Belitsa, according to the Four Paws Foundation, which runs the bear sanctuary in..
The Bulgarian team is returning home with four medals from the Youth International Olympiad on Astronomy and Astrophysics (IOAA) , held in the Romanian..
Overcast, rain
Rain