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.
The position of the Republic of Bulgaria is clear. We have no bilateral issue with the Republic of North Macedonia. This was what Prime Minister Rosen Zhelyazkov said in parliament and recalled that last week the National Assembly..
Bulgaria will send a new request for a second payment under the National Recovery and Resilience Plan in July, Deputy Prime Minister and Minister of Innovation and Growth Tomislav Donchev announced during parliamentary control...
The Commission on Protection of Competition, the National Revenue Agency and the Commission for Consumer Protection are joining forces against unfair traders who may use the introduction of the euro, as well as the period leading up to January 1,..
The balances in all bank accounts in Bulgarian levs will be automatically converted to euros from the date of the country's accession to the eurozone at..
At night, precipitation will stop and the cloudiness will break and decrease. In the morning hours, short-term fog will form in the..
"I have sent letters to all presidents and prime ministers of EU member states, in which I describe the real situation in our country — inflation, the..
Partly Cloudy
Clear