Balgarianovinite.com A Monday’s press conference has indicated that the government of Rumen Radev is still trying to gain a full picture of Bulgaria’s financial state, despite Radev, in his capacity as president, being among the country’s best-informed political figures over the last nine years, Vazrazhdane said in a press release on Monday. The statement was in response to the plan presented on Monday by Finance Minister Galab Donev, that aims to maintain the 5% salary increase in the public sector envisaged in the so-called budget extension act, while reducing spending on wages and related social security contributions under institutional budgets by 10% as of September 1, 2026, without cutting the salaries and remuneration of employees.
“Although the Minister of Finance and Deputy Prime Minister assures us that taxes will not be raised after the social insurance contributions and the maximum social insurance income are raised, working people will in effect have less money. We recall that the raising of social insurance contributions was one of the reasons for the thousand-strong protests in December last year, which brought down the government of Borisov and Peevski”, the press release continues
The party views the proposed reforms as not leading to any substantial reductions in bureaucracy, but that currently unfilled positions will be reduced and public officials fired based on their party affiliation, who will be replaced by others close to the ruling party.
The party foresees the country’s debt continuing to grow because the budget will once again be set with at least a 3% deficit, a budget trajectory that, according to them was set by former Finance Minister Assen Vassilev, Radev’s caretaker governments, and what they referred to as the “GERB and Peevski government”. Vazrazhdane Sees More Debt, Social Insurance Hikes Behind Government Plans 2026 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-05-18 16:30:16 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