Bulgaria - Tripartite council discusses 2026 budget - June 30, 2026
The Tripartite Cooperation Council will discuss the parameters of the "Budget 2026". The draft laws for the budgets of the Health Fund, the Social Insurance Institution and the state budget have met with sharp criticism from unions, employers and opposition parties, because the consolidated fiscal program is calculated with a deficit of 5.7% of the gross domestic product, which is approximately € 7.2 billion. The Confederation of Independent Trade Unions of Bulgaria (CITUB) criticizes the tax system. According to CITUB, a cleaning lady on a minimum wage pays more taxes and social security contributions as a percentage of her salary than an entrepreneur with an income of € 20,000 euro.
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