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Bulgaria's 2023 Budget: Salary Increases for Public Sector Workers

Bulgaria's 2023 Budget: Salary Increases for Public Sector Workers

Following an 11-hour session, Parliament approved various new expenditures, focusing on salary hikes.


Revising the budget: everyone gets what they want

Revising the budget: everyone gets what they want

The first revision of this year’s budget has become a money grab amidst economic and political uncertainty


Amongst the turmoil, Bulgaria gets a budget revision

Amongst the turmoil, Bulgaria gets a budget revision

Revenues rise by 2.5 bln levs, expenditures grow by 2.3 bln levs


Budget revenues rise even during the pandemic

Budget revenues rise even during the pandemic

Bulgaria’s budget gap widened in 2020 but the worst forecasts failed to materialize


Bulgaria's budget in crisis

Bulgaria's budget in crisis

Balanced fiscal policy takes a sharp turn towards rapid spending in the hope of election win next year


Postponing the Fall

Postponing the Fall

How long will the Prime Minister Boyko Borissov dodge resigning after three months of protests and what comes next?


The big spending spree

The big spending spree

Government expenditures are set to reach record heights in next year’s budget but distribution of the money is expected to be as inefficient a process as ever.


Exotic coalitions could emerge after upcoming snap vote

Exotic coalitions could emerge after upcoming snap vote

The fragmentation of Bulgarian party politics makes it very difficult to pursue a coherent reform program