Fewer and fewer Bulgarians are able to meet the conditions for retirement. By September 2020, the number of newly granted pensions was 62,757 or 20,484 less in comparison to 2015. There has been a decline of 24% over the past 5 years. Only 54% are able to retire with a personal pension for length of service and age. The remaining pensions are for disability, hereditary ones, for early retirement under the conditions for the "Security" sector or not related to employment. The share of disability pensions remains high - 37%.
1/5 of the new pensioners retire above the usual age of 66 and a half, because one out of three does not have enough length of service to retire according to the general order, data from the National Social Security Institute show.
In its "Economic Freedom of the World, 2025" ranking , the Canadian Fraser Institute gives Bulgaria a score of 7.13 out of a maximum of 10 points. This places the country 56th out of 165. It ranks between Greece and Thailand. In 2024, Bulgaria was 52nd..
As of October 1, the base interest rate in Bulgaria is 1.81%. The rate has been declining for the 12th consecutive month, this time by 0.01% compared to September 2025. The base interest rate in Bulgaria, which is used to calculate the annual..
Bulgaria’s accession to the eurozone will reduce transaction costs with key trade and investment partners, according to the annual U.S. State Department report on the investment climate in the country, reported BGNES. The report emphasizes that..
No disruptions or price increases are expected on Bulgaria’s fuel market following the US sanctions imposed on Russian oil companies Rosneft and Lukoil,..
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