Bulgaria’s Minister of Labor and Social Policy Georgi Gyokov proposes raising pensions as of July 1. The increase will follow the so-called “Swiss rule”. According to Minister Gyokov, all pensioners should also receive a monthly supplement to the tune of at least EUR 30.
“The best option is to update pensions on July 1 with a percentage that offsets inflation, for instance 10%, and give pensioners a monthly supplement of EUR 30 or slightly more that would replace the Covid-19 supplement”, Minister Gyokov further said. According to data of the National Statistical Institute, the annual inflation rate accelerated to 12.4% in March 2022.
A procedure will be introduced to exclude military expenditure from the inflation index, Bulgarian Defence Minister Atanas Zapryanov announced in Munich, BTA reported. Speaking at the Security Conference, the minister said that Bulgaria had been..
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Bulgarians and Serbs from the towns of Tsaribrod and Pirot marched in support of the student protests in Serbia , reports BTA. "We want the students' demands to be met and we hope that there will be changes in Serbia," demonstrators from the two towns in..
The one-year anniversary of the death of Russian opposition leader Alexei Navalny was marked with a memorial service in Sofia's St Nedelya Cathedral. It..
Bulgarian Finance Minister Temenuzhka Petkova will travel to Brussels to provide an update on Bulgaria’s progress towards euro area accession. The..
The Bulgarian Ministry of Tourism will work to create a map of important, but hard-to-reach tourist and cultural-historical sites. The goal is then to..
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