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.
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..
Addressing the crises facing the EU requires strengthening Europe's global competitiveness and ensuring security, President Rumen Radev said during a meeting with European Council President António Costa at the Munich Security Conference...
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..
Kristiyan Vladov and Stefan Kyurkchiev of the Plovdiv Museum of Natural History are working on a project to bring live fish from the southern Arctic..
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..
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'..
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