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.
The parliamentary Committee on Health has decided to raise the pay of the people employed at state-run psychiatric hospitals by 50% as of 1 May this year. The MPs tasked two cabinet ministers - of health and of finance – to take the necessary steps,..
The National Assembly is to vote the motion of no confidence in the cabinet of Rosen Zhelyazkov today. MPs discuss vote of no confidence in Rosen Zhelyazkov’s cabinet Rosen Zhelyazkov: We are resilient, so as not to be misled by the..
For the first time, the Day of the Bulgarian Canning Industry will be marked on April 3. The solemn event will take place in the University of Food Technologies in Plovdiv. A round table on the topic "The Canning Industry in Bulgaria..
Bulgarians have traditionally had a deep respect and gratitude for domestic animals. For generations, horses, oxen, donkeys and cows have been..
It is 21 years today since the tragedy in the River Lim on the border between Serbia and Montenegro, in which 12 Bulgarian children were killed. On..
The President of Bulgaria, Rumen Radev, and the King of Jordan, Abdullah II, are hosting the Aqaba Process Summit, which focuses on the Balkans and brings..
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