The Minister of Innovation and Growth, Rosen Karadimov, has not given up on the idea of the Bulgarian Development Bank (BDB) granting preferential loans to those working in the public sector. In an interview with BNT, he said that his idea was misinterpreted as a bonus for civil servants.
The BDB will try to develop a financial market product through which public sector employees entitled to retirement benefits can use part of what is owed to them early in the form of a low-interest loan or other financial instrument, he said. "In this way the state bank will intervene in the social infrastructure to strengthen the human resources potential in key areas," he added and specified that this concerns firefighters, policemen, teachers, military.
The two largest trade unions in Bulgaria - the Confederation of Independent Trade Unions in Bulgaria and the Confederation of Trade Unions "Podkrepa" - are organizing a warning protest in front of the Council of Ministers building. It is planned for..
In view of the country's declining population, the Fiscal Council recommends that the government take savings measures in the 2026 state budget. The measures include: reducing the municipal administration by merging municipalities;..
No disruptions or price increases are expected on Bulgaria’s fuel market following the US sanctions imposed on Russian oil companies Rosneft and Lukoil, Bulgarian Petroleum and Gas Association Chairman Svetoslav Benchev told BTA. "For now, I..
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