The National Assembly Budget Committee did not approve the proposed amendments to the 2022 state budget. However, the draft amendments will be voted at first reading at a plenary session, the committee’s chairperson Lyubomir Karimanski from There is..
Bulgaria’s Premier Kiril Petkov called the anti-crisis measures amounting to EUR 1 billion “unprecedented”. The new measures will be included in the amendment of the state budget. The cabinet is expected to approve the measures at today’s sitting...
Bulgaria has the sixth highest inflation in the EU . I n April, inflation reached 14.4 % year on year , whereas the EU average was 8.1%, reads an analysis by the Confederation of Independent Trade Unions in Bulgaria (CITUB) regarding the..
0% VAT on bread for one year, updating of pensions by about 20% as of July 1 and higher tax breaks for families with children - these are some of the measures included in the so-called anti-crisis package approved by the coalition partners in the..
The ruling coalition will announce a package of anti-crisis measures within 2 weeks , Bulgaria’s Deputy Premier and Minister of Finance Assen Vassilev said for the BNR. In his words, Bulgaria has provided nearly EUR 2 billion to help businesses cope..
Tripartite Council approves extension of anti-crisis measures The National Council for Tripartite Cooperation extended the validity of the 60/40 anti-crisis measure until 31 March.The measure is applicable to workers and employees who, in the..
2020 is the most business-negative year in the past decade, indicates an online survey conducted by the Bulgarian Industrial Association in the period 10 November – 10 December among 81 micro, small, medium and large enterprises from all economic..
The National Council for Tripartite Cooperation, comprised of representatives of the trade unions, employers and the government, is to hold an extraordinary meeting online today. The meeting is to discuss proposals by businesses and trade unions..
The Bulgarian Chamber of Commerce and Industry calls for ensuring the movement along the trans-European corridors as an anti-crisis measure so as not to halt exports and imports between countries. Guaranteed movement of goods and raw materials across..
