Budget 2027: New Taxes, Higher Social Security Threshold, Minimum Wage of 660 Euros
6 Articles
6 Articles
The draft budget for 2027 has sparked a sharp political clash over the planned increase in tax and social security burdens, inflation forecasts, investment cuts and plans to change the pension model. Rumen Radev’s government defended the financial framework with the argument that it seeks a balance between social spending, the budget deficit and economic growth, but the opposition warns of impoverishment, recession […]
Maternity benefits in the second year will increase from 398 to 450 euros, the minimum wage will reach 660 euros, and Christmas supplements for the most vulnerable ...
Maternity benefits in the second year will increase from 398 to 450 euros, the minimum wage will reach 660 euros, and Christmas bonuses for the most vulnerable will remain at 50 euros. These are part of the social measures included in the draft budget for 2027.
Maternity benefits in the second year will increase from 398 to 450 euros, the minimum wage will reach 660 euros, and Christmas bonuses for the most vulnerable will remain 50 euros.
The draft budget for 2027 presented by the government has become a cause for political conflict between the ruling party and the opposition even before it officially enters parliament. While the cabinet and representatives of the majority define it as social, investment-oriented and more sustainable than budgets in recent years, critics see in it overestimated revenues, insufficient reforms, risks for inflation and too slow reduction of the budg…
The minimum wage is set to reach 660 euros, pensions to increase by about 8%, salaries in the budget sector – by 5%, and those of teachers – by 7.5%. At the same time, the government is proposing a new tax of 33% on excess profits in certain sectors, an increase in the maximum social security income to 2,400 euros, and limiting the cost of salaries and social security in part of the state administration. These are some of the measures in the dra…
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