I proposed that the pensions update from July 1, 2024 be set at 11% and the Supervisory Board of the National Social Insurance Institute voted in favour of my proposal, caretaker Minister of Labor and Social Policy Ivaylo Ivanov said. He noted that only the Bulgarian Industrial Capital Association abstained from voting.
''The National Social Security Institute's Supervisory Board is the body that decides on the amount of pension updates'', Minister Ivanov said in response to a question about whether it is appropriate for Parliament to hold an extraordinary session on the issue of pension increases. Fifty MPs from "We Continue the Change - Democratic Bulgaria" requested that the 49th Parliament holds an extraordinary session on May 15 to discuss the issue.
The ruling GERB party claimed that employers are in favour of a higher VAT rate, but employer organisations denied this, insisting that no such proposal had ever been made. This clarification followed a meeting between GERB leader Boyko Borissov..
The European Commission has disbursed €438.6 million to Bulgaria as part of the second payment under the Recovery and Resilience Facility (RRF). On 3 October 2025, the Commission partially approved the payment, stating that Bulgaria "still needs to..
Bulgaria has sufficient quantities of fuel and the 90-day reserves are secured at around 98%, Asen Asenov, Chairman of the State Reserve and Wartime Stocks State Agency, told bTV. The country has a gasoline reserve for 35 days and a diesel reserve..
The Sofia City Court has postponed the extradition case of Igor Grechushkin, the owner of a cargo ship linked to the explosion at the port of Beirut in..
The Road Infrastructure Agency (RIA) has proposed the introduction of temporary restrictions on the movement of heavy trucks weighing over 12 tons along..
On Tuesday, minimum temperatures will range from 8 to 13°C , with Sofia seeing around 9°C. Rain is expected across the country, with heavier showers in..
Overcast, rain
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Partly cloudy, chance of rain