In an analysis of the pension system in Bulgaria, the International Monetary Fund urges the country to raise pensions by raising social security contributions and doing away with the maximum insurable earnings. According to the analysis, pensions in Bulgaria are low compared to salaries and poverty among pensioners is widespread, nevertheless the deficit in the public social security budget is going up which could boost government debt. According to the IMF, the problems in the pension system can be solved by increasing the incentives for the people who pay social security installments which will raise budget revenues and pensions.
On Saturday the lowest temperatures will be between 8 and 16°C; in some valleys – between 6° and 9°C, in Sofia – about 8°C. During the day it will be sunny, with temporary increases in cloudiness over Eastern Bulgaria. The wind will..
Vice President Iliana Iotova is visiting Taraclia, Moldova, on September 19-20. Today, she is an official guest at a ceremony to award the winners of the essay contest organized by the Bulgarian National Radio for schoolchildren..
The prosecutor's office in Germany has filed charges against Ruja Ignatova, the head of the office in Bielefeld, Carsten Novak, said. The woman, who has Bulgarian and German citizenship, is suspected of having created a pyramid scheme..
The government of Prime Minister Rosen Zhelyazkov survived a fifth vote of no confidence, this time on the topic of "Internal Security and Justice." 133..
On Friday, the minimum temperatures in Bulgaria will be from 6 to 14°C, in Sofia - 7°C. During the day it will be sunny. A light to moderate wind will..
At the end of February this year, the Bulgarian National Radio announced an essay contest aimed at schoolchildren and students from the Bulgarian diaspora..
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