Bulgaria’s Deputy Premier and Minister of Finance Assen Vassilev called the 2022 draft budget “a budget of economic growth”. “The new budget envisages higher capital investments with EU funds and money from the state budget; a significant increase..
Bulgaria’s Deputy Prime Minister and Minister of Finance Assen Vassilev presented the 2022 draft state budget. He called it a budget of economic growth, which invests in people, projects and infrastructure. The projected revenues exceed EUR 29..
The Confederation of Independent Trade Unions, CITUB has demanded that the minimum monthly salary for this year be raised to 730 Leva (EUR 373), instead of 710 Leva (EUR 363), as proposed by Minister of Finance Assen Vassilev. At a discussion..
Inflation in Bulgaria is gaining momentum and prices continue to rise. The Confederation of Independent Trade Unions in Bulgaria (CITUB) forecasts that annual inflation will exceed 6%. CITUB insists that the 2021 state budget be amended for the second..
The minimum monthly salary is expected to increase. Currently, we are working on different scenarios for a higher minimum salary, Bulgaria’s caretaker Minister of Labor and Social Policy Galab Donev said for Nova TV. Galab Donev said he..
A minimum monthly salary of 388 euro as of 1 January, 2022. This is what the biggest trade union in the country, the Confederation of Independent Trade Unions in Bulgaria (CITUB) is demanding. The increase from the current minimum monthly..
Bulgaria’s National Assembly has approved the 2021 state budget at a second reading. Revenues in next year’s budget are estimated at EUR 24.3 billion. Expenditures are projected at EUR 26.8 billion. The budget deficit is set at nearly EUR 2,56..
Employers’ organizations unanimously rejected the cabinet’s proposal which envisages that minimum monthly salary in Bulgaria increases from EUR 312 to EUR 332 as of January 1, 2021. According to Bulgaria’s employers, the increase would deepen the..
The Bulgarian Industrial Association does not support the proposal which envisages an increase of the minimum monthly salary in Bulgaria from EUR 312 to EUR 332 as of January 1, 2021. In an open letter to this country’s Deputy Premier Mariana..
Bulgaria ’s authorities are not planning to lift the maximum insurable earnings. The minimum pension will become EUR 150 per month. The minimum monthly salary will increase from EUR 312 to EUR 322. Pensioners will continue receiving allowances to the..
