The Club

The Club

Grand Montana - Bansko

Grand Montana - Bansko


PM Borissov: Bulgaria Will Be Able to Declare Full Gas Independence in 2020 11.11.2019
PM Borissov: Bulgaria Will Be Able to Declare Full Gas Independence in 2020
November 11 (BTA) - Inspecting the progress of construction of the Gas Interconnector Greece-Bulgaria (IGB) on Monday, Prime Minister Boyko Borissov said that next year Bulgaria would be entitled to say it...

Research Lab to Be Built on Bulgarian Antarctic Base 11.11.2019
Research Lab to Be Built on Bulgarian Antarctic Base
November 11 (BTA) - Construction of a research laboratory on the Bulgarian St. Kliment Ohridski Antarctic base will start as part of the 28th Bulgarian Antarctic expedition. The lab is expected to be completed in three...

In Bansko, Bulgarias Tourism Minister expresses optimism about winter season 10.11.2019
In Bansko, Bulgarias Tourism Minister expresses optimism about winter season
Bansko is renowned as a ski resort, is establishing itself successfully as a year-round resort, and the institutions have declared readiness for the 2019/2020 winter tourism season, Tourism Minister Nikolina Angelkova...


Weather/BNB fixing 12.11.19

20° Sofia 21° Plovdiv
20° Burgas 17° Stara Zagora
21° Varna 20° Rousse
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Social Partners Discuss 2020 Budget Bills

Social Partners Discuss 2020 Budget Bills

30.10.2019
October 30 (BTA) - The government, trade unions and nationally representative employer organizations held a meeting of the National Council for Tripartite Cooperation on Wednesday to discuss the 2020 budget bills - for national budget, social insurance budget and National Health Insurance Fund budget - proposed by the government. Finance Minister Vladislav Goranov said that the expected economic growth for the next three years is some 3.3 per cent for each year. The growth will be slightly lower than planned this year, at 3.4 per cent. Public-sector wages are set to increase by 10 per cent next year. The Finance Minister said that the expected increase of the average wage in 2021 to 1,400-1,500 leva is realistic. "We are consistent in trying to pressure employers into increasing incomes, both through the minimum wage and through the remuneration in the public sector," he commented. He said the 2020 budget has enough buffers, is feasible and balances well the key sectors funded by the government. The tax burden will remain unchanged. The government debt will decrease. The employers reiterated their objections against the administrative increase of the minimum wage and the planned increase of public-sector wages. "We cannot support this. We have been proposing for years to negotiate [the minimum wage increase] by economic activities between employers and trade unions. There has been some progress in the dialogue and I hope we will agree on such [minimum] wages next year," said the leader of the Association of Industrial Capital in Bulgaria, Vassil Velev. The representative organizations said that they support in principle the proposed budgets but it must be clear that reforms are needed. "The budget has more strengths [than weaknesses] and the weaknesses are the result of lacking reforms," Velev said. Employers are happy to see that education remains a top priority and that research and culture are made priorities now. They are against any increase in the maximum contributory income. All employers' organizations demanded the scrapping of the minimum contributory income again. Velev believes that it is not too late to make changes that will solve the problems of hospitals, since, in his words, there is an increase in the budget appropriations for health care and this money often goes for healthy people. Velev argued that an increase of the wages to the public-sector administration can be achieved by optimizing the staff, not by a 900 million leva increase in personnel costs in the budget. Tsvetan Simeonov of the Bulgarian Chamber of Commerce and Industry said that a wage increase of 10 per cent is unacceptable and will put the private sector under pressure and drain its resource. Businesses said there were no demographic policies in the budget. The Association of Industrial Capital in Bulgaria is firmly in favour of keeping unchanged the minimum and maximum compensation for unemployment as they believe that Bulgaria practically does not have unemployment but there are people who refuse to retrain and take the available jobs. The trade unions argued that the tax policy is the main flaw of the state budget and that key changes are needed. Vanya Grigorova of the Podkrepa Labour Confederation said one such much needed change is to stop taxing the minimum wage. She also said that no steps are being proposed against undeclared labour. The social payments - child, maternity, unemployment benefits and the guaranteed minimum income - are all frozen, she pointed out. Lyubov Kostova of the Confederation of Independent Trade Unions in Bulgaria commented that the 2020 budget is a notch more conservative than the 2019 budget. This union is happy with the proposed increase of the minimum wage but believe that an increase of 50 leva is not enough. DT/RY/LN/ // Source: Sofia, http://www.bta.bg/en/c/DF/id/2098889
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