Labour minister Totyu Mladenov said that the pensions may be updated in 2013 and 2014 in view of the expected deficit of the social security system, investor.bg informs. However, in case of better than expected economic development, potential pension hike is possible even earlier. Mladenov clarified that the government is looking for an opportunity to increase only the lowest pensions as of the middle of the next year. |
The EC has sent a reasoned opinion to Bulgaria over failure to comply with EU rules on the free movement of capital, the EC said on its website. The privatisation act in Bulgaria introduces ... more
Bulgaria will be seeking an extension of the court procedure filed by the EC against the country over irregularities found in the assignment of digital broadcast spectrum, transport minister ... more
Bulgarian individuals and companies hold EUR 100mn in Cypriot banks according to ECB data, BTA reported quoting Reuters. The largest EU depositors in the crisis-hit country are Greece with EUR ... more