Bulgaria Deputy PM Kalfin Gives Green Light to State Employees Christmas Bonuses

Politics | November 25, 2008, Tuesday // 00:00
Bulgaria Deputy PM Kalfin Gives Green Light to State Employees Christmas Bonuses: Bulgaria Deputy PM Kalfin Gives Green Light to State Employees Christmas Bonuses If the State institutions have funds over their planned annual budgets, they should give their employees a 13th salary as Christmas bonus, the Bulgarian Deputy Minister Ivaylo Kalfin stated on Tuesday. Photo by Yuliana Nikolova (Sofia Photo Agency)

If the State institutions have funds over their planned annual budgets, they should give their employees a 13th salary as Christmas bonus, the Bulgarian Deputy Minister and Foreign Minister Ivaylo Kalfin stated on Tuesday.

Kalfin spoke in a special interview for the Darik radio.

His statement came as a response to the appeal of the Bulgarian Chamber of Commerce that the Cabinet refrains from paying Holiday bonuses to State employees.

"If the State institutions have money within their planned budgets, they should pay those bonuses. Such act would not lead to inflation increase, to the contrary, it would encourage demand and purchases, something many manufacturers, retailers and many countries are trying to do to fight the effects of the global financial crisis. In addition, the State administration is experiencing serious difficulties due to the 12% staff reduction and the discharging of employees. The remaining ones must be stimulated to do what we expect them to do," Kalfin explained.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Politics » Be a reporter: Write and send your article

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria