Balkan Spectator
Bulgaria’s tax and social-insurance burden on labor reached about 42% of gross wages in 2025 and is projected to rise to 44% in 2026 and 46% in 2027, mainly due to a planned 2-point increase in social security contributions, according to the Institute for…
Bulgaria’s government will give 120 leva ($71) Christmas bonuses to all pensioners whose incomes fall below the 638-leva ($378) poverty line, Labour and Social Policy Minister Borislav Gutsanov announced on November 26. The measure will cost about 64 million ($37m) leva and benefit roughly 536,000 people.
The decision reverses earlier statements that no bonuses would be paid this year, following a proposal by GERB-UDF leader Boiko Borissov. Parliament has also tasked the Labour Ministry with drafting legislation to ensure future Christmas and Easter bonuses for vulnerable groups, including pensioners and low-income families.
32% of Bulgarian's income goes to Social Security and Healthcare insurance. Despite that all they could find for the poorest elderly was $71.
The decision reverses earlier statements that no bonuses would be paid this year, following a proposal by GERB-UDF leader Boiko Borissov. Parliament has also tasked the Labour Ministry with drafting legislation to ensure future Christmas and Easter bonuses for vulnerable groups, including pensioners and low-income families.
32% of Bulgarian's income goes to Social Security and Healthcare insurance. Despite that all they could find for the poorest elderly was $71.
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Balkan Spectator
Thursday is a big day for many countries. An otherwise tepid holiday for the United States could be a boon for American Wall Street, Russian - Ukranian relations and many European countries. Everyone is hyping up this event - but the underlying theme is…
Thanksgiving passed in the U.S., the Russia-Ukraine war and sanctions continue, Serbia is scrambling to recalibrate its nationalization tools, and Orbán is in Moscow meeting with Putin today.
Croatia’s government has moved to dismiss the CEOs of ACI and four other major state-owned companies—Hrvatska Posta, HZ Infrastruktura, Hrvatska Lutrija, and Odasiljaci i Veze—while also removing the heads of the state inspectorate and the health insurance fund; no reason was given for the dismissals.
Over 20,000 protestors in Bulgaria due to new steep tax increases yesterday in Sofia where 46% of one's paycheck will be taxed.
Croatia’s government has moved to dismiss the CEOs of ACI and four other major state-owned companies—Hrvatska Posta, HZ Infrastruktura, Hrvatska Lutrija, and Odasiljaci i Veze—while also removing the heads of the state inspectorate and the health insurance fund; no reason was given for the dismissals.
Over 20,000 protestors in Bulgaria due to new steep tax increases yesterday in Sofia where 46% of one's paycheck will be taxed.
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—🇲🇩 ❌ 🇷🇺 NEW: The Moldovan authorities have begun revoking the citizenship of ethnic Russians with Moldovan citizenship that have joined the Russian army.
🔗 Daractenus
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—🇲🇩 ❌ 🇷🇺 NEW: Moldova’s parliament has voted to denounce a 1998 agreement with Russia on the establishment and operation of cultural centers, a move that will force Moscow to close its “Russian House” and other cultural outposts on Moldovan territory starting in 2026, after the required notice period expires.
➡️ Chișinău argues the centers have been used as instruments of Russian influence and disinformation rather than genuine cultural cooperation, and notes that Moldova was never able to open a corresponding cultural center in Russia under the deal.
✅ @balkanspectator — the leading Balkan news channel in English
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Hungary's booming $1 billion movie industry, dubbed "Hollywood on the Danube," may soon face a major setback if US President Donald Trump enforces a proposed 100% tariff on foreign-produced films. Hungary's labor cost, stunning locations, and generous rebates have attracted numerous foreign productions, from blockbuster sci-fi like Dune to award-winning period dramas.
In 2023, foreign film spending in Hungary hit a record $910 million, mainly from US productions. However, Trump's tariffs, aimed at revitalizing the struggling US film industry, could harm Hungary’s lucrative film services. Experts suggest that Hollywood may find workarounds, but the tariffs could still disrupt the flow of productions.
In addition, Hungary’s film rebate program, which reimburses 30% of local spending, faces uncertainty after the government suspended new registrations in June.
In 2023, foreign film spending in Hungary hit a record $910 million, mainly from US productions. However, Trump's tariffs, aimed at revitalizing the struggling US film industry, could harm Hungary’s lucrative film services. Experts suggest that Hollywood may find workarounds, but the tariffs could still disrupt the flow of productions.
In addition, Hungary’s film rebate program, which reimburses 30% of local spending, faces uncertainty after the government suspended new registrations in June.
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Balkan Spectator
Hungary's booming $1 billion movie industry, dubbed "Hollywood on the Danube," may soon face a major setback if US President Donald Trump enforces a proposed 100% tariff on foreign-produced films. Hungary's labor cost, stunning locations, and generous rebates…
Scrapping the bottom of the barrel here in regards to news. Nothing is happening in regards to the Balkans region; which is a good thing! Enjoy the weekend, go outside - touch grass.
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—🛣🇷🇴 NEW: Romania has inaugurated a new 13.9 km section of the A7 “Moldova motorway” between Pietroasele and Buzău, further extending the high-speed corridor from Bucharest towards the Moldova region and the borders with Ukraine and Moldova, as part of the EU‑funded Ploiești–Siret axis on the TEN‑T core network.
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May the Lord have mercy on the innocent.
The Israelis have weaponized the Pajeets.
https://www.dw.com/en/israel-to-admit-thousands-from-indias-jewish-lost-tribe/a-74855366
The Israelis have weaponized the Pajeets.
https://www.dw.com/en/israel-to-admit-thousands-from-indias-jewish-lost-tribe/a-74855366
DW
Israel to admit thousands from India's Jewish 'lost tribe'
Israel says it is preparing a plan to bring thousands of Jewish-identifying Bnei Menashe from northeast India and resettle them. Prime Minister Benjamin Netanyahu said it was an "important and Zionist decision."
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Forwarded from Eurointel+
🇧🇬 The Bulgarian government withdrew its contentious 2026 “euro-budget” after tens of thousands protested in Sofia. GERB’s plan relied on sharply expanded public spending and major wage hikes for over 558,000 state employees, pushing the burden onto businesses and taxpayers.
The backlash from the middle class and private sector forced a retreat, signaling the emergence of a strong anti-populist front that could upend Bulgaria’s eurozone entry strategy and destabilize the ruling coalition.
The backlash from the middle class and private sector forced a retreat, signaling the emergence of a strong anti-populist front that could upend Bulgaria’s eurozone entry strategy and destabilize the ruling coalition.
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Eurointel+
🇧🇬 The Bulgarian government withdrew its contentious 2026 “euro-budget” after tens of thousands protested in Sofia. GERB’s plan relied on sharply expanded public spending and major wage hikes for over 558,000 state employees, pushing the burden onto businesses…
January 1st and 2nd, 2026 are the slated days where the Euro becomes the primary currency nationwide for Bulgaria.
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Forwarded from Clash Report
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Turkish President Erdogan:
It is becoming evident that the war between Russia and Ukraine has reached a point where it clearly threatens navigational safety in the Black Sea.
The targeting of commercial vessels in our exclusive economic zone on Friday signals a worrying escalation.
It is becoming evident that the war between Russia and Ukraine has reached a point where it clearly threatens navigational safety in the Black Sea.
The targeting of commercial vessels in our exclusive economic zone on Friday signals a worrying escalation.
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Forwarded from PoliticsGR - Geopolitics 🇬🇷🇨🇾🇪🇺
🇬🇷 Greek farmers have blocked multiple roads across the country, demanding reparations for destroyed crops and protesting the high costs for their work efforts.
The epicentre is in Nikaia, Larissa, while other movements can be spotted in the E-65 highway in Karditsa and the Evzones customs station.
📝 Kathimerini
🗺 @PoliticsGR
The epicentre is in Nikaia, Larissa, while other movements can be spotted in the E-65 highway in Karditsa and the Evzones customs station.
📝 Kathimerini
🗺 @PoliticsGR
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—❗️🇧🇬 URGENT: Tens of thousands of mostly Gen Z protesters have flooded Sofia and other major Bulgarian cities, rallying against the government’s proposed 2026 state budget, which they denounce as unfair and opaque.
➡️ Demonstrators, many of them students, have blocked central boulevards, marched on ruling party headquarters and clashed with police amid calls for the budget to be withdrawn and for the government to resign.
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Balkan Spectator
Bulgaria’s state administration salary reached 3,088 leva (€1,580) in Q3 2025, up 417 leva from 2024. It ranks 5th among economic sectors, with the highest pay in IT/telecom, finance, energy, and scientific professions; and the lowest in hospitality, agriculture…
Why are people protesting in Bulgaria?
Public sector wage rose 14% first three quarters of 2025 compared to 11% private sector.
New budget proposals would increase mandatory tax on the working class to 44% and eventually to 46%.
Over 530,000 pensioners have a pension less that $378.
Public sector wage rose 14% first three quarters of 2025 compared to 11% private sector.
New budget proposals would increase mandatory tax on the working class to 44% and eventually to 46%.
Over 530,000 pensioners have a pension less that $378.
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"If we don't get a contract by Friday, we will start negotiations on Monday, and we will get gas from another party. We have secured the money," - Vucic said at a press conference.
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Balkan Spectator
"If we don't get a contract by Friday, we will start negotiations on Monday, and we will get gas from another party. We have secured the money," - Vucic said at a press conference.
Vučić also stated payment for NIS workers will go ahead this week until Friday. Such a move risks secondary sanctions on Serbian financial institutions.
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Balkan Spectator
Vučić also stated payment for NIS workers will go ahead this week until Friday. Such a move risks secondary sanctions on Serbian financial institutions.
The United States rejected Serbia's request to continue crude oil supplies to the Pančevo refinery.
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