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.
Overnight it will be mostly clear. Winds will weaken and die down in many areas. In the morning it will be cold, with minimum temperatures between minus 7 and minus 2°C, reaching minus 10°C in the valleys and around minus 9°C in Sofia. Tomorrow will be..
The planned annual maintenance of Unit 6 of Bulgaria's only NPP, Kozloduy, has been completed. The unit was connected to the national grid at 10:07 following an inspection by the Nuclear Regulatory Agency. In addition to the repairs made to improve..
A quadripartite meeting of the interior ministers of Bulgaria, Hungary, Austria and Romania in Budapest on 22 November made it clear that Austria would lift its veto and that Bulgaria and Romania would probably become full members of Schengen from the..
“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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