The overall budget of the National Insurance Institute is currently around 4.9 billion euros, as 53% of these funds come from the state budget, the other 47% are own revenues. This is not a good circuit, the Deputy Prime Minister and Minister of Labour and Social Affairs Ivaylo Kalfin told the BNR. This means that the pension system is becoming more and more dependent, as in the time when there was no separate pension fund, it was only a solidarity fund and pensions were paid from the budget. This guarantees to the people already low pensions, actually, he said. According to Kalfin, private funds must provide assurances that they will have enough money to pay pensions and that the question of the future of the pension system should not be postponed any longer.
Bulgaria has climbed 12 positions to 59th place in Reporters Without Borders' annual media freedom ranking for 2024, published on the occasion of May 3 - World Press Freedom Day. Bulgaria significantly improves its position in the global rating, which..
Bulgarian expatriates in Las Vegas will gather this Easter for the traditional Bulgarian Festival. The organisers of the Bulgarian-American Association in Nevada decided to hold the event a little earlier this year - on May 5, to coincide with Orthodox..
The synoptic situation becomes more complicated next day . There will be short and at times heavy rain showers in the western part of Bulgaria during the night and in the rest of the country during the day. Winds will be moderate, at times strong, and..
In May, natural gas will cost 54.70 Leva (EUR 27.93) per MWh, excluding the cost for access, transit, excise and VAT, the Energy and Water Regulatory..
For the first time Bulgaria has a specific deadline for joining the Organisation for Economic Co-operation and Development (OECD), caretaker Premier..
A decision of the government from its meeting on April 30 to give the green light to the construction of a private general hospital..
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