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 major repair works on the Danube bridge near Ruse, which will begin on 10 July, will be carried out without stopping traffic and without closing the facility, the Road Infrastructure Agency said, refuting false information published in the Romanian..
ContourGlobal Maritsa East 3 TPP has announced that another 160 people from the coal-fired power plant will be laid off in the coming months after the procedure for notifying the institutions and the workers has been completed, the company’s..
The position Bulgaria is going to the NATO summit with indicates that Bulgaria could offer Ukraine EUR 80 million , caretaker PM Dimitar Glavchev told reporters in parliament. However, he added that whatever the sum, it can only become fact..
Hungary’s Deputy Interior Minister Bence Retvari stated that the abolition of Bulgaria and Romania’s Schengen borders by land is very important to the..
The position Bulgaria is going to the NATO summit with indicates that Bulgaria could offer Ukraine EUR 80 million , caretaker PM Dimitar Glavchev told..
ContourGlobal Maritsa East 3 TPP has announced that another 160 people from the coal-fired power plant will be laid off in the coming months after the..
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