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.
Today, Vice President Iliana Iotova is opening the exhibition “Ancient Thrace and the Classical World: Treasures from Bulgaria, Romania, and Greece” at the Getty Museum in Los Angeles, the presidential press service has announced. Bulgaria,..
Over the next 24 hours the clouds will increase. The wind will pick up and will usher in cold air. Minimum temperatures 5-10° C., for Sofia around 5° C. Daytime highs will reach 8-13° C., for Sofia around 11° C. Over the mountains there will..
Slavi Trifonov, leader of There Is Such a People (ITN) declared he would sign the declaration of We Continue the Change/Democratic Bulgaria (PP/DB), with which the coalition calls for a cordon sanitaire around the leader of the Movement for Rights and..
Today, 3 November, is International Day for Biosphere Reserves, declared by UNESCO’s Man and the Biosphere programme. On this occasion, as of the second..
Today, Vice President Iliana Iotova is opening the exhibition “Ancient Thrace and the Classical World: Treasures from Bulgaria, Romania, and Greece” at..
In the elections on October 27 this year there were problems in both phases of the process - when the votes were submitted and when they..
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