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.
Speaking at the national discussion Access to the labour market in Bulgaria for third-country nationals: challenges and solutions , Deputy Prime Minister Grozdan Karadzhov said that labour shortage is one of the biggest problems the government faces ...
President Rumen Radev intends to refer the matter to the Constitutional Court. But this will not affect the expected report from the European Commission on the country's readiness to join the eurozone, the Speaker of the National Assembly Natalia..
The normal movement of buses, trolleybuses and trams in Sofia is being restored as of today, after last night the unions announced an end to the 6-day blockade of public transport. The blockade of Sofia's public transport to be lifted on Tuesday..
Public transport in Sofia will resume as of Tuesday, May 20, Todor Kapitanov, Vice President of the Confederation of Independent Trade Unions in Bulgaria..
The government has agreed to provide an additional €7.7 million in subsidies for Sofia's public transport. This was agreed at a meeting today between..
Protesters in support of the preservation of the Bulgarian lev temporarily blocked traffic in the center of the Bulgarian capital Sofia on Sunday..
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