Balgarianovinite.com Bulgaria’s National Council for Tripartite Cooperation (NCTC) will meet on Monday, December 8, the Government Information Service said on Friday.
According to the meeting’s agenda, the social partners will consider the drafts of a 2026 National Health Insurance Fund Budget Act, a 2026 Public Social Insurance Budget Act, and a 2026 State Budget Act.
Earlier on Friday, the trade unions, the employer organizations and the government reached an understanding on the key parameters of the 2026 draft budget, Finance Minister Temenuzhka Petkova said, emerging from a session with the social partners. The social partners agreed on a maximum monthly contributory income of EUR 2,300 in 2026 and a 10% pay rise for all employees in the public-financed sphere, a reduction of planned capital investments by EUR 450 million in national co-financing and EUR 300 million on EU programmes, and 2026 budget expenditures at 40.1% of GDP.
Petkova said further that after Monday’s NCTC meeting the budget bills will be laid before the Council of Ministers and will be submitted to the National Assembly in the afternoon of that day.
The NCTC is only an advisory body, but the law requires that its members should consider the three budget bills before they reach Parliament. On November 5, however, the Council’s meeting was cancelled when the employers boycotted it in protest against the initial version of the annual financial plan, which envisaged a rise of the minimum wage, a 2 percentage points’ increase in retirement-insurance contributions, and doubling the dividend tax rate from 5 to 10%.
Despite the thwarted tripartite dialogue, the Cabinet approved the three budget bills on November 13 and sent them to the legislature, incurring criticism from President Rumen Radev, who argued that the budget had been prepared and presented in a way “disrespectful” to social partners and taxpayers.
Following mass-scale protests in central Sofia in late November, the pro-government majority decided to review the initial version of the budget, cancelling the controversial increasing and scrapping the automatic raising of salaries in certain public-financed sectors like defence and security. The Government committed to address the resulting BGN 1.5 billion fiscal shortfall by cuts in the capital investment programme and revenue side measures. That was also when an intention was made public to reconvene the NCTC in early December. Social Partners to Mull 2026 Budget Bills on Monday 2025 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2025-12-05 19:13:57 Latest news World news Country news Most important news latest news most important latest of the day Justice Petar Nizamov Feathers Petar Nizamov- Feathers Justice bg iustitia.bg iustitia iusticia usticia investigation Burgas Bulgaria news news of the last hour news of the day news of today Bulgaria news The news from Bulgaria blitz news top news most important most commented latest news Boyko Borisov news weather coronavirus news news weather facebook youtube facebook instagram news today news of the last minutes news today today news news bg news leading news hot news bg news site for news all news news bg news of the last hour latest latest news bg news of today news today news today news of the last hour latest news today news bg news news 24 hours news vesti bg novini news world bird bg bivol bg bivol trud bg novini latest news today novinite bg news hello bulgaria political party coat of arms delyan peevski scandalous Bulgarian National Television Free Europe Television scandal exclusive live tv live right now tv tv online tv program bg live now tv news online tv online live court Burgas court Burgas district court Burgas court Burgas district court Burgas district court Burgas appellate court Burgas prosecutor Burgas prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Prosecutor General Ivan Geshev Prosecutor Geshev Tsatsarov Ministry of Internal Affairs Burgas ODMR Burgas ODPR Burgas police Burgas district police Burgas prosecutor Tsatsarov SGS cases Varna court chairman of the SGS court decisions on civil cases decisions on cases Plovdiv court decision of the court decisions cases Varna court criminal cases district district court decisions work in the court SGS chairman of the SGS judges Sofia court post judges Plovdiv court Plovdiv judges Plovdiv Supreme Court Inspectorate Supreme Court Supreme Judicial Council lawyer lawyer criminal cases lawyer civil cases lawyer marriage cases lawyer administrative criminal law criminal process civil law civil process administrative law constitutional law
