Bulgaria’s Parliament adopts EUR 186 poverty threshold and EUR 112 minimum pension

Bulgaria’s Parliament adopted on first reading the State Social Security budget for 2020. The MPs from GERB and the United Patriots voted in favor. The Bulgarian Socialist Party and the Movement for Rights and Freedoms did not support the new budget..

published on 11/12/19 6:46 PM

Money sent by Bulgarian emigrants to their home country exceeds EUR 1 billion

The money sent by the Bulgarian emigrants to their home country in one year exceeded EUR 1 billion for the first time, Eurostat announced. According to 2018 data, the personal money transfers from the EU to Bulgaria amounted to EUR 833 million and the..

published on 11/12/19 6:11 PM

Bulgaria’s Parliament adopts on first reading budget of National Health Insurance Fund

The Bulgarian MPs adopted on first reading the 2020 budget of the National Health Insurance Fund. According to the draft budget, the money allotted to the National Health Insurance Fund will see a EUR 223 million increase to EUR 2.273 billion. 120..

published on 11/12/19 5:09 PM

President Radev holds meeting with US Ambassador to Bulgaria Herro Mustafa

President Rumen Radev conducted a working meeting with the US Ambassador to this country Herro Mustafa. The discussions focused on topical issues of mutual interest in energy, economy, supremacy of law, security, trade, investment programmes..

published on 11/12/19 1:13 PM

Foreign Ministry advises citizens to temporarily refrain from travelling to Israel

Due to the complicated situation in the country, the Bulgarian Foreign Ministry has issued temporary recommendation not to travel to Israel. All Bulgarian citizens in Israel are advised not to go to the West Bank , Eastern Jerusalem or the..

published on 11/12/19 12:20 PM

The average monthly salary in Bulgaria is 639 euro

According to preliminary National Statistical Institute data, during the third quarter of 2019 the average monthly salary in Bulgaria stood at 639 euro /1,249 Leva/. This means an increase of 11.8 percent compared to the third quarter of 2018...

published on 11/12/19 11:59 AM
Lilyana Pavlova

Lilyana Pavlova : There will be no reduction in EU funding for Bulgaria

The EU funding for Bulgaria under cohesion and agricultural policy will not be reduced in the next 7-year programming period, said Lilyana Pavlova, Vice-President of the European Investment Bank for the Bulgarian National Radio. In some cases..

published on 11/12/19 9:33 AM

Russian shareholders withdraw from Bulgarian telecom Vivacom

Russian investment bank VTB Capital, which is a British subsidiary of the VTB Group, is leaving the board of shareholders of Bulgarian telecommunications company Vivacom, it was reported. The decision was made after the sale of the Bulgarian operator to..

published on 11/11/19 7:09 PM

Concessionaire needed for construction of highway from Ruse to Makaza

German, Spanish, French, Italian and Greek companies are among the expected concessionaires for the construction of a new Danube-Aegean motorway, said Rumen Markov, manager of Large Infrastructure Projects. Bulgarian companies do not meet the..

published on 11/11/19 6:38 PM

Bulgarians are not acquainted with principles of market economy

Bulgarians have been  getting used to capitalism but do not accept huge social stratification. Market relations are supported, but when it comes to specific figures, respondents remain skeptical, results of a study by Gallup International and the..

published on 11/11/19 5:54 PM