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 highest average age of young people in the EU leaving their parental home was recorded in Croatia (31.8 years), Slovakia (31 years), Spain (30.4 years), Bulgaria, and Italy (30 years in both countries). Finland (21.4 years), Sweden and Denmark..
There have been 5 390 road accidents in Bulgaria since the beginning of the year until September 29, with 334 deaths and nearly 7 000 injuries. Last week alone, there were 151 serious accidents in Bulgaria, killing nine people and injuring 201...
The Bulgarian team won three gold medals and one silver medal at the Balkan Olympiad in Informatics held in Ohrid. The gold medallists were Daniel Koynov from the Nancho Popovich High School in Shumen, Boris Mihov from the Sofia High School of..
Bulgaria has begun evacuating our fellow citizens who expressed a desire to leave Beirut following Israel's attacks on Lebanon. Some of the Bulgarians..
Some of the Bulgarians in Lebanon were evacuated on a government aircraft flight on Monday evening. The first group, consisting of 89 people, mostly..
''The second evacuation flight from Lebanon will be carried out today around noon, provided the circumstances are favorable'', caretaker Premier Dimitar..
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