The deficit of the National Social Security Institute (NSSI) will decrease by 150 million euro in 2017 following the increase of pension security contributions by one percentage point and of retirement age and the work record needed for retirement by two months. The amount transferred by the state to cover the deficit of the pension security system will be 2.2 billion euro, down from 2.35 billion this year. The NSSI draft budget is based on a minimum monthly salary of 230 euro, 9.5 percent higher than this year’s. Minimum social security margins though will remain at this year’s levels because employers refused to negotiate on them with trade unions. As a result of this the social security budget projects 350 million euro more revenues from social security contributions, or the total of 2.8 billion euro.
The National Museum of Literature celebrates 174 years since the birth of Ivan Vazov. The celebration also marks the round anniversary of the first independent Bulgarian edition of the novel "Under the Yoke", published in 1894 by the publishing house..
From July 9 to 11, Caretaker Prime Minister and Minister of Foreign Affairs Dimitar Glavchev will participate in the NATO Summit in Washington. The delegation led by Premier Glavchev will include caretaker Minister of Defense Atanas Zapryanov,..
The former leader of the Bulgarian Socialist Party (BSP) and member of the 50th National Assembly, Korneliya Ninova, has described the situation in the country as a collapse of the state. According to Ninova, the inability to form a cabinet is a sign..
Wednesday will be hot and sunny. There will be clouds in the afternoon, but rain will only fall in parts of Eastern Bulgaria and in the mountains...
The National Museum of Literature celebrates 174 years since the birth of Ivan Vazov. The celebration also marks the round anniversary of the first..
State gas supplier Bulgargaz has filed a lawsuit against Russia's Gazprom Export at the ICC International Court of Arbitration in Paris, the Bulgarian..
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