Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code, BNR “Horizont” reports. According to sources, the minimum wage will be €605 rather than €620 (BGN 1,213), which is what would be calculated under the statutory formula.
Meanwhile, the maximum social security income is projected to rise to €2,352, which is an increase on current levels. Contributions to pension funds are set to increase by two percentage points, reaching 21.8% for those born before 1960 and 16.8% for those born in 1960 or later.
According to the draft State Social Security budget for next year, the minimum old-age pension based on work record will amount to €346.87 from 1 July 2026.
Bulgaria has a higher share of women in science, technology, engineering and mathematics (STEM) fields than the European Union average, according to a roundtable discussion on “Women in Innovation” held in Sofia. The forum highlighted that 49% of..
The National Assembly has rejected President Rumen Radev's veto on changes to the State Intelligence Agency Act (SIA) and the State Agency Technical Operations (SATO) Act, according to BNR reporter Maria Fileva. The changes strip the president of the..
Bulgaria wants to continue investing in nuclear energy after more than 50 years of experience in the sector, Energy Minister Zhecho Stankov said on Wednesday. About 70% of Bulgarians support the move, Stankov told a Bulgarian-Korean energy..
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The ruling parties GERB-SDS, BSP-United Left and ITN signed an annex to their coalition agreement, specifying the rules for the rotation of the Speaker..
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