Share

Text size

Bulgarian National Radio © 2025 All Rights Reserved

Social Minister Borislav Gutsanov: Retirement age should not be touched

published on 5/23/25 10:27 AM

Social Minister Borislav Gutsanov

Photo: BTA

The retirement age should not be changed – this is the position expressed by Social Minister Borislav Gutsanov talking to the Bulgarian National Television. He recalled that according to the law, it should reach 65 years by 2037.

“This topic should be closed and no one should think that they can increase the retirement age,” he was categorical.

According to the minister, it is necessary to talk not about pension reform, but about upgrading and improving. In his words, the share of shadow economy in Bulgaria reaches 25%. “This is a huge opportunity and a reserve for it to lighten up, so I issued an order for inspections by the Main Labor Inspectorate so that other funds can enter the pension system.”

Currently, 11.2% of the Gross Domestic Product is allocated for pensions. About 43% of the funds come directly from the budget, and the rest – from the National Social Security Institute.

"If there is a national goal that can unite the nation, it is dealing with the demographic catastrophe," the social minister also said.

Edited by Diana Tsankova
English version: Rositsa Petkova
Photo: BTA

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News Borislav Gutsanov gross domestic product pensions retirement age shadow economy social minister

More from category

Nayden Prahov, Director of the Centre for Underwater Archaeology

UNESCO expected to approve Centre for Underwater Archaeology in Sozopol as a regional underwater archaeology centre

The Ministry of Culture is expecting UNESCO to approve, by the end of 2025, the application of the Centre for Underwater Archaeology in Sozopol as a regional centre for underwater archaeology in the Black Sea region. The centre will be located..

published on 5/28/25 8:43 AM

Rain showers and slightly rising temperatures

Most of the country will see sunshine before noon on Wednesday. In the afternoon, cumulus clouds will form in many areas, bringing rain. There will be moderate and occasionally strong north-westerly winds. Maximum temperatures will range from 19°C to..

published on 5/27/25 7:05 PM

The new chairman of the parliamentary group of DPS-DPS, Hayri Sadakov

DPS-DPS: There is no unification with DPS-New Beginning

"The unilateral decision of Dzhevdet Chakarov to leave the chairmanship of DPS-DPS is a pitiful personal capitulation to Delyan Peevski (leader of DPS - New Beginning). Such actions are in sharp contrast to the moral and democratic principles on which..

published on 5/27/25 6:06 PM

1
..
5
6
7
8
9
10

WEATHER

Pick city: Sofía

sunshine, cloud, rain and thunder
Min: 12 | Max: 17

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

MOST VIEWED

It will stay cool for the end of May, with local showers

On Thursday, minimum temperatures will range from 8°C to 14°C. Around 9°C is expected in Sofia. Cloud and rain expected in western and central Bulgaria..

published on 5/28/25 7:05 PM

Court dismisses case for the expulsion of Delyan Peevski from DPS

The Supreme Court of Cassation has dismissed the case over the expulsion of Delyan Peevski from the Movement for Rights and Freedoms and several other..

published on 5/28/25 6:14 PM

Most Bulgarians prefer independent tourist trips

In the first quarter of 2025, 1.1 million Bulgarian citizens made tourist trips. 75.7% of them traveled only in the country; 20% - only abroad, and 4.3%..

published on 5/28/25 5:59 PM

shopify analytics ecommerce
tracking