Fewer and fewer Bulgarians are able to meet the conditions for retirement. By September 2020, the number of newly granted pensions was 62,757 or 20,484 less in comparison to 2015. There has been a decline of 24% over the past 5 years. Only 54% are able to retire with a personal pension for length of service and age. The remaining pensions are for disability, hereditary ones, for early retirement under the conditions for the "Security" sector or not related to employment. The share of disability pensions remains high - 37%.
1/5 of the new pensioners retire above the usual age of 66 and a half, because one out of three does not have enough length of service to retire according to the general order, data from the National Social Security Institute show.
Bulgarian protein bar manufacturer Healthy Bars is planning to build a new factory in the capital's Vrabnitsa district. The Regional Inspectorate for Environment and Water has already been notified of the intention, and the company has announced that..
As of October 1, the BNB has tightened the criteria for banks when granting mortgage loans. The central bank's decision comes after an analysis that shows significant credit growth in the segment and its acceleration in the second quarter of the year...
Bulgaria and China established diplomatic relations 75 years ago – in 1949. A year later, the People’s Republic of China and the People’s Republic of Bulgaria, as this country was then called, exchanged ambassadors, developing full-scale relations –..
T he LNG terminal near the Greek town of Alexandroupolis has officially srarted commercial operations today, the Greek company Gastrade announced. The..
The final price proposed by Bulgargaz for the sale of natural gas to its customers in October is BGN 63.72 (EUR 32.58) per megawatt-hour before tax. The..
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