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The new budget will keep the minimum wage at 399 euros, Finance Minister Assen Vassilev (fifth left) said at the meeting of the National Council for Tripartite Cooperation in Sofia, June 4, 2023.

Budget 2023: Employers will only pay the first two days of sick leave

The poorest pensioners will receive social benefits to be added to their pensions so they can reach the poverty line , but starting next year, Finance Minister Asen Vassilev said at the meeting of the National Council for Tripartite Cooperation, which..

03.07.23 14:42 |
Boyko Borissov

GERB disagrees with some parts of the budget for 2023, but will not criticize it for now, Boyko Borissov says

“I am not going to criticize the budget now, there are things we do not agree with. There are sectors which care very much what this budget will be like, and the investment mechanisms,” GERB leader Boyko Borissov said in parliament. Asked whether..

29.06.23 11:06 |

Budget 2023 is ready; Assen Vassilev promises 3% deficit

The draft budget for 2023 is ready, Minister of Finance Assen Vassilev said. The bill is due to be published for public consultation and to enter parliament in early July. Within the framework of the Sofia Economic Forum IV,..

27.06.23 14:42 |
Mariya Gabriel

Mariya Gabriel heads tripartite cooperation council

By a government decision, Deputy Prime Minister and Minister of Foreign Affairs Mariya Gabriel is to head the National Council for Tripartite Cooperation.  Minister of Finance Assen Vassilev will also take part in the tripartite council as..

21.06.23 14:22 |
Assen Vassilev

Finance Minister Assen Vassilev presents budget for 2023

The budget deficit to be set down in budget 2023 will be 3% on an accrual basis. In the words of Finance Minister Assen Vassilev, that means a deficit of 4.5 billion Leva (euro 2.31 bn.). Minister Vassilev presented the main parameters of the draft..

20.06.23 17:55 |

Businesses, trade unions and what they are expecting of the new government of Bulgaria

The National Assembly unanimously approved, at first reading, a decision to extend the deadline for collecting revenue, and making payments and transfers from the state budget until a budget for 2023 is adopted. The definitive decision on the state..

09.06.23 13:53 |

Parliament approves extension of state budget at first reading

With 201 votes in favour, the National Assembly approved, at first reading, the extension of Bulgaria’s state budget for 2022, the Bulgarian news agency BTA reports. The deadline for proposals between first and second reading was reduced to..

09.06.23 11:25 |

Bulgaria will continue to live with last year's budget at least until July

With 207 votes, the MPs extended last year's state budget until July 31. This is the deadline set by the parliament for adopting the budget for 2023. Until July, revenues and expenses remain within the limits of 2022, taking into..

08.06.23 13:26 |

GERB and We Continue the Change to set up expert group on the state budget

The parties GERB and We Continue the Change will form an expert group for drawing up the state budget for 2023. Agreement on this was reached by the representatives of the two biggest parliamentary groups during their first meeting...

08.11.22 12:04 |

"We Continue the Change" turns down GERB’s invitation for cabinet talks, remains in opposition

The leaders of "We Continue the Change" Kiril Petkov and Assen Vassilev said they would not participate in a government formed on the mandate of GERB. If the government-forming mandate is later handed over to another political force, including..

07.10.22 12:17 |
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