In 2022, Bulgaria is expected to receive the first tranche under the Recovery and Resilience Plan to the tune of to EUR 1.6 billon , this country’s Deputy Premier and Minister of Finance Assen Vassilev said in an interview for the BNR.
In his words, the negotiations with the European Commission under the plan are not easy, but Bulgaria expects to get an approval in the beginning of April. According to the 2022 draft state budget, the minimum monthly salary will increase to EUR 363 as of April 1.
“I don’t have to apologize for telling the truth”, Assen Vassilev said. Earlier, Bulgarian employers demanded an excuse from Minister Vassilev for calling some of them incompetent. “Labor productivity in Bulgaria amounts to just under 50% of the EU average, while wages amount to 26% of the EU average. In other words, labor productivity significantly outpaces wages”, Minister Vassilev said.
The National Assembly will debate the third motion of no confidence in Rosen Zhelyazkov's government today. The vote will take place no earlier than 24 hours after the end of the debates. Proposed on 27 June by the Vazrazhdane party, the motion of..
On Thursday, the lowest temperatures will range from 13°C to 20°C, 16°C in Sofia. It will be sunny during the day and hot in the afternoon. There will be a light wind from the east-northeast, reaching moderate levels in the southeastern parts of the..
Security agencies in Bulgaria, DANS (State Agency for National Security) and GDBOP (General Directorate Combating Organized Crime), are carrying out an operation in Sofia targeting a group suspected of illegally granting Bulgarian citizenship...
Gorna Oryahovitsa is the largest non-district town in Northern Bulgaria. It is located near Bulgaria’s old capital, Veliko Tarnovo, and is an important..
''The potential negative effect for Bulgaria from a possible introduction by the U.S. of a 25% tariff on EU goods would amount to USD 678 million..
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