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Bulgaria's Minister of Finance Simeon Djankov. Photo by BGNES
Bulgaria's civil servants will receive a 10% raise of their salaries with the state budget for 2013, stated Bulgarian Minister of Finance Simeon Djankov Tuesday.
"This increase will be effective starting January 1, 2013, and is more than the 5% we initially had in mind," said Djankov, as reported by the Focus Information Agency.
According to the Bulgarian FinMin, the raise will be 11% for teachers in public schools and kindergartens, who will also get payments for work attire.
The 10% raise will cover all other civil servants, who, as the minister reiterated, will however not get Christmas bonuses.
Christmas bonuses will however be available for Bulgaria's pensioners, granted that the state budget for 2012 comes out positive in November, said Djankov, confirming promises voiced earlier.
Retirement pensions in Bulgaria will also receive an increase with different rates, starting April 2013.
This is the first increase in state-funded salaries and pensions for Bulgaria's center-right GERB cabinet since it came to power in 2009.
Senior GERB officials, including cabinet members and GERB chair and Bulgarian PM Boyko Borisov have said that the party hopes to be able to form a new cabinet after parliamentary elections in the summer of 2013.
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Bulgaria is bracing for an increase in disinformation activity in the run-up to the parliamentary elections on April 19, with authorities warning of coordinated attempts to influence voters and destabilize public trust
President Iliana Yotova convened a meeting of institutions responsible for the conduct of the early parliamentary elections on April 19, with a focus on assessing preparedness and ensuring that every vote is properly safeguarded
The Ministry of Finance has released a broad public dataset covering more than 7,000 public procurement contracts with a combined value exceeding 30 billion euros
Caretaker Finance Minister Georgi Klisurski said he expects fuel prices at gas stations to ease in the coming period, pointing to a sharp decline in international oil markets
Bulgaria’s new government borrowing for 2026 has surpassed the 1 billion euro mark following the latest successful auction of state securities, according to data cited from the Bulgarian National Bank
Bulgaria recorded only a modest and one-off increase in inflation following the adoption of the euro on January 1, with the effect estimated at between 0.3 and 0.4 percentage points
Data released by the Ministry of Finance, covering budget execution for February 2026 and preliminary estimates for March 2026, indicate a marked deterioration in Bulgaria’s fiscal position
In the 2026 edition of the Index of Economic Freedom, compiled by the Heritage Foundation, Bulgaria is placed 38th out of 176 countries, positioned between Costa Rica and Oman
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