We do not expect there to be any significant changes in the expenditure section of the budget for 2025, but the capital programme will be amended, Petar Mishev from the Institute for Social and Trade Union Research at the Confederation of Independent Trade Unions in Bulgaria (CITUB) said for the BNR.
It is possible to make the budget work with a 3% deficit, he said, and added that the trade union will not back down from its demand for a 10% raise in salaries. “That is a necessary step. In the long term we need to find a way for the increase in incomes to outpace the inflation rate, even if it is minimally,” Petar Mishev said. The overblown capital programme needs to be re-tailored, he said. We need to look for an alternative version of the taxation system now in place. Its potential is now exhausted, Petar Mishev commented and suggested a gradual rise of the social security contribution by 1% in the next 3 years.
From July 28 to August 3, the town of Blagoevgrad (Southwestern Bulgaria) will host the 32nd edition of the prestigious International Mathematics Competition for University Students. Over 550 participants from 143 universities in 52 countries,..
A total of 85 folk ensembles from across the country will participate in the "Sparks from the Past" festival, which will take place in the mountain town of Apriltsi on July 26 and 27. The open-air stage for the performances will be set up at..
On Saturday, it will be sunny and even hotter. In the afternoon, clouds will form over the mountainous regions of Western Bulgaria, and by the evening, also in the northwestern areas. Isolated thunderstorms and rain showers are expected in some..
On Saturday, it will be sunny and even hotter. In the afternoon, clouds will form over the mountainous regions of Western Bulgaria, and by the evening,..
The most affected country by fires for 2024-2025 in the European Union is Bulgaria, the Ministry of Environment and Water has reported. Over the past two..
A total of 85 folk ensembles from across the country will participate in the "Sparks from the Past" festival, which will take place in the..
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