The largest trade union in Bulgaria, CITUB, has called for a 10% wage rise in the budget sector from July 1, 2023, in order to compensate for projected inflation.
The president of the trade union, Plamen Dimitrov, commented that if the requirement for a 3% budget deficit was not met for one or several years, the long-term fiscal outlook for Bulgaria would not be affected. Dimitrov added that the Economic and Financial Affairs Council of the EU allowed a deviation from the Maastricht rules for a ratio of 60% debt to GDP. Bulgaria should also request a review of the 3% deficit requirement, according to him. The increased deficit does not lead to disruption of the long-term fiscal perspective, Dimitrov claims.
Translation and publication by Al. Markov
In 2025, a record number of 4,000 students from elite universities around the world applied for the summer research program of the Institute for Computer Science, Artificial Intelligence and Technology - INSAIT at Sofia University,..
ITN continues to support the coalition agreement and to work with partners as a minority government. This was what MP Pavela Mitova said after the DPS of Ahmed Dogan announced that they were leaving the majority and the government of..
All artefacts from the exhibition in the USA "Ancient Thrace and the Classical World. Treasures from Bulgaria, Romania and Greece" are now home in the respective museums. This was what Deputy Minister of Culture Todor Chobanov..
Finance Minister Temenuzhka Petkova has announced that Bulgaria is ready to join the eurozone. She made the statement at a business breakfast hosted by..
The traditional Bulgarian banitsa has ranked third in the Best Cheese Dishes list by Taste Atlas . The Bulgarian Banitsa with Cheese earned 4.5..
The reactors intended for Bulgaria's unrealised second nuclear power plant project - Belene - will not be sold. This was announced to journalists by..
Partly Cloudy
Mostly Cloudy