The National Council for Tripartite Cooperation discussed future changes to the state budget for 2021.
The caretaker cabinet is proposing a 12.5% increase in pensions as of 1 October. “The raise is not going to jeopardize the country’s finances and does not require an increase in taxes,” commented Finance Minister Assen Vassilev.
An additional 1 billion euro of revenues and 900 million euro of additional costs are budgeted for. The deficit will shrink down from 3.9% to 3.6%.
Minister Vassilev requested that the regulation of the minimum threshold of social security contributions be pegged to the increase in the average salary.
Confederation of Independent Trade Unions in Bulgaria leader Plamen Dimitrov supported the proposals. The trade unions propose that public transport be subsidized, as well as an increase in food vouchers for employees.
Our country has a six-month deadline until the end of August 2025 to restart the process of adopting the laws related to the Recovery and Resilience Plan. This will be done in an attempt to save most of the second payment under the plan,..
The Ministry of Interior is performing well. There has been an increase in the amount of seized drugs and human traffickers caught at the Schengen borders , Minister of Interior Daniel Mitov said in response to a journalist's question about how the..
Sofia Mayor Vasil Terziev and Deputy Mayor of Sofia for Finance Ivan Vasilev met in Bulgaria's capital with the European Bank for Reconstruction and Development Associate Director Donald Mishaxhiu. The purpose of the meeting was to explore..
Hristo Stoichkov has been appointed the Sports Tourism Ambassador for the World Tourism Organization (UN Tourism). This became clear at an official..
The effects of the protests against supermarkets are being felt, Agriculture Minister Georgi Tahov said in Plovdiv, where he was attending a national..
The common will and economic potential of the two countries are important prerequisites for the upward development of bilateral relations, said President..
Overcast, rain
Cloudy
Scattered showers
Cloudy