Lessons from Lithuania: How Bulgaria Can Manage Prices and Boost Savings with the Euro
Kēstutis Kupsys, vice president of the Lithuanian Consumers' Union, shared insights from Lithuania’s experience with euro adoption
,, We are introducing a law on party subsidy of BGN 1 per vote'', Bulgarian Prime Minister Boyko Borissov told reporters after a meeting with GERB Group in the National Assembly.
,,It will finally be like in the Czech Republic and many other countries - billionaires and oligarchs will become prime ministers. It will not take long and the parties will become the property of the businessmen. That's why yesterday we made a decision of the Council of Ministers, we went to parliament last night and introduced a law for a BGN 1 subsidy, "Borissov commented.
“We insisted 2 years ago that the subsidy should be 1 lev but other forces prevailed back then, apparently. Now, as soon as they adopt the law, what GERB has over-received, as well as all other parties, we will immediately return it to the budget," Borisov explained.
The subsidy will be reduced from July 1 this year.
Finance Minister Vladislav Goranov said GERB has always maintained that parties should have a predictable way of financing, but the political situation is causing other solutions: ,,They must have a reliable funding mechanism'', he said.
Novinite.com recalls that this week, a prosecutor's inspection found out that five political parties had received more money than the law provided.
Brussels has unofficially warned Bulgaria’s Finance Minister Temenuzhka Petkova that the country’s euro adoption process could be suspended, according to BGNES, citing Nova TV.
"Everyone wants positions – in regulatory bodies and ministries," he emphasized.
Bulgaria’s toll system now has the technical capability to track average vehicle speeds, as announced by the National Toll Management following a meeting with Regional Development Minister Violeta Koritarova.
The income required to cover living expenses for a working individual and a three-member family with a child under 14 has remained almost unchanged compared to June, according to an analysis by the Confederation of Independent Trade Unions in Bulgaria (CI
The Council of Ministers has adopted a resolution to set the minimum wage at 1,077 leva, reflecting a 15.
Every 20 minutes, fire alerts are received from across Bulgaria.
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