Text size

Trade unions expect 'cascade of protests' if state budget not approved

published on 1/9/25 4:39 PM

Lyuboslav Kostov

Photo: Maria Fileva

Protests could erupt if the National Assembly fails to approve this year's state budget, Lyuboslav Kostov, chief economist at the Confederation of Independent Trade Unions of Bulgaria (CITUB), said in an interview with BNR.

"Once again, the budget is hostage to political intrigues and cabinet haggling. There are many important issues in the budget and if Parliament fails to address them, a cascade of protests will follow, creating a snowball effect," the trade unionist said.

Unions and businesses protest against hike in industrial electricity prices

Meanwhile, employers have warned that tensions are rising in companies as electricity prices rise and the country faces an economic crisis. Dobri Mitrev, head of the Bulgarian Industrial Association, predicted that if there was no compensation mechanism for the excessively high industrial electricity prices, the result would be an increase in the prices of all goods and services and a surge in inflation.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News budget 2025 compensation electricity prices lyuboslav kostov parliament protest unions

More from category

Average social security income reaches 962.25 EUR

The amount of the average social security income for the country for September 2025 is 962.25 EUR and the amount of the average monthly social security income for the country for the period October 1, 2024 to September 30, 2025 is 919.3 EUR, the..

published on 11/11/25 5:46 PM

Bulgaria has ample fuel reserves, says Energy Minister

Bulgaria’s Energy Minister, Zhecho Stankov, has reassured citizens and businesses that the country’s fuel supplies are sufficient to last for an extended period. “Our priority is secure supply at affordable prices — and that is guaranteed, ” Stankov..

published on 11/11/25 4:37 PM

GERB claims employers seek higher VAT; employers refute assertion

The ruling GERB party claimed that employers are in favour of a higher VAT rate, but employer organisations denied this, insisting that no such proposal had ever been made. This clarification followed a meeting between GERB leader Boyko Borissov..

published on 11/11/25 4:29 PM