Finance Minister Temenuzhka Petkova announced that government officials, unions, and business groups hammered out a deal on the 2026 budget after social partners sorted their beef yesterday. Security and defense sector pay got uncoupled from average wages, and the capital program took a 450-million-euro haircut while spending sits at 40.1% of GDP.
The compromise ditched the dividend tax hike, axed the SUPTO requirement, killed the social security contribution increase, and kept the maximum social security income capped at 2,300 euros.
The compromise ditched the dividend tax hike, axed the SUPTO requirement, killed the social security contribution increase, and kept the maximum social security income capped at 2,300 euros.
