Text size

Trade unions expect 'cascade of protests' if state budget not approved

published on 1/9/25 4:39 PM

Lyuboslav Kostov

Photo: Maria Fileva

Protests could erupt if the National Assembly fails to approve this year's state budget, Lyuboslav Kostov, chief economist at the Confederation of Independent Trade Unions of Bulgaria (CITUB), said in an interview with BNR.

"Once again, the budget is hostage to political intrigues and cabinet haggling. There are many important issues in the budget and if Parliament fails to address them, a cascade of protests will follow, creating a snowball effect," the trade unionist said.

Unions and businesses protest against hike in industrial electricity prices

Meanwhile, employers have warned that tensions are rising in companies as electricity prices rise and the country faces an economic crisis. Dobri Mitrev, head of the Bulgarian Industrial Association, predicted that if there was no compensation mechanism for the excessively high industrial electricity prices, the result would be an increase in the prices of all goods and services and a surge in inflation.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News budget 2025 compensation electricity prices lyuboslav kostov parliament protest unions

More from category

Daytime highs expected to reach 12°C-17°C on Thursday

On Thursday morning, fog will begin to form in the lowlands and valleys. The lowest temperatures will range from 0°C to 5°C, in the easternmost regions up to 8°C-10°C, for Sofia around 1°C. The maximum temperatures will range from 12°C to 17°C, for..

published on 1/8/25 5:20 PM

Premier Dimitar Glavchev: The eurozone is at our doorstep

Bulgaria’s accession to the eurozone is the next major priority after the country’s full membership in Schengen. "The eurozone is at our doorstep", caretaker Premier Dimitar Glavchev said. He made this comment at the beginning of the first government..

published on 1/8/25 3:57 PM

The government amends the regulation on the conditions and procedure for issuing visas

The Council of Ministers adopted a decree amending and supplementing the 2011 regulation on the conditions and procedure for issuing visas and determining the visa regime. It synchronizes the legal framework with the requirements of the Schengen..

published on 1/8/25 3:09 PM