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.
On October 4, 1974, the construction of the Hemus Motorway from Sofia to Varna started. Back then, the chairman of the State Council and leader of the Bulgarian Communist Party, Todor Zhivkov, turned the first sod for the country's..
2024 is the best year since tourism statistics have been in existence – revenues, accommodation, number of tourists and tourist registrations, number of border checkpoint crossings, caretaker Minister of Tourism Evtim Miloshev said. Yet resorts..
Bulgaria has today received its first delivery of natural gas from the new Alexandroupolis terminal in Greece. The facility has been in commercial operation since 1 October this year and Bulgaria owns 20% of the project, which diversifies LNG supplies..
On October 4, 1974, the construction of the Hemus Motorway from Sofia to Varna started. Back then, the chairman of the State Council and..
2024 is the best year since tourism statistics have been in existence – revenues, accommodation, number of tourists and tourist registrations, number of..
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