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.
On Friday, the wind from the south will increase and will be moderate and strong, near the northern slopes of the mountains of southern Bulgaria stormy wind is expected Clouds will be patchy, significant over the western areas, but will quickly begin..
According to an analysis by the Electricity System Operator, a shortage of electricity is expected as early as January and February next year. At a thematic conference organized by the Center for the Study of Democracy in Sofia, Delyan Dobrev from..
Vice President Iliana Iotova pointed out that the changed texts in the Constitution have turned against their creators. Yotova told journalists that "because of these changes in the Constitution, the Speaker of the National Assembly cannot be..
“It’s time to lift internal border controls now,” European Commissioner for Home Affairs Ylva Johansson believes. In an interview with RFE/RL she..
The Constitutional Court has opened a case following the request by President Rumen Radev for the amendments to the Constitution, endorsed by the 49 th..
Romania and Bulgaria have a chance to join the Schengen area by land as of January 2025 , Hungarian Interior Minister Sándor Pinter said after an..
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