At the end of 2022, there were 2,030,318 pensioners in Bulgaria. The average pension amounted to EUR 345, which is close to the 2023 poverty threshold – EUR 257. According to the National Social Security Institute, the average old-age pension reached..
People with disabilities came out to protest in front of the Council of Ministers. Their demands are for shorter delays in the delivery of decisions by the medical commissions and that secondary diseases are also taken into account, not only the main..
The International Financial Corporation (IFC), a member of the World Bank Group, is now a shareholder in the Bulgarian pension insurance company "Doverie" with almost 10% participation. By the end of 2022, the company with a..
Bulgaria's National Social Security Institute (NOI) has revealed a large-scale scheme to drain the Pensions Fund. It refers to false documents from closed enterprises, about dozens of people appointed to the same position, about signing employment..
The partners in the Tripartite Cooperation Council (government, employers, trade unions) were unable to reach agreement on the draft laws providing for an increase in wages and pensions. Both the government and the employers are against a..
The leaders of "We Continue the Change" Kiril Petkov and Assen Vassilev said they would not participate in a government formed on the mandate of GERB. If the government-forming mandate is later handed over to another political force, including..
The maximum pension in Bulgaria will rise to EUR 1,738 as of tomorrow, October 1. In July 2022, the maximum pension increased from EUR 766 to EUR 1,022. The recalculation of pensions granted until the end of 2021, will also come into effect on..
The MPs approved, at first reading, the update of the state budget. As of 1 July a differentiated VAT rate is being put in place – for bread VAT will be zero, for natural gas supplies – 9% instead of the current 20%. VAT on wine and beer served at..
Bulgarian MPs debate at first reading an update of the budgets of the National Health Insurance Fund and the state social insurance and the state budget. The update was rejected by the Budget and Finance Parliamentary Committee. The amendment..
Bulgaria’s Premier Kiril Petkov called the anti-crisis measures amounting to EUR 1 billion “unprecedented”. The new measures will be included in the amendment of the state budget. The cabinet is expected to approve the measures at today’s sitting...
