Wizz Air Increases Flights To And From Bulgaria By Almost 15% in 2023
Since its first flight from Sofia in 2005, the airline has now transported over 26 million passengers
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
Starting Monday, Bulgarian retirees are receiving their new, increased monthly pensions.
The modest increase of up to 9% on average is affecting about 2.2 million Bulgaria retirees.
According to estimates, made by the country's National Social Security Institute, NOI, the average increase of retirement pensions in Bulgaria will be between BGN 5 and BGN 22 a month, while the minimum monthly pension is being upped to BGN 150.
The increase also depends on the retirement year – for those who retired before January 1, 2009, it is 9.8%; for those who retired in 2010 – 8.8%; in 2011 – 5.7%; in 2012 – 2.2%.
The pensions for disabilities, work related incidents and illnesses are being formed in the same way.
Those who retired after January 1, 2013, would not get an increase. With the update, the percentage of poor retirees, receiving less than BGN 200 a month, would go down to 30%.
Anyone can check with the local NOI office to find out how their pension has been formed. The service is free of charge, while those who disagree with the new amount have 3 months to file a claim.
The retirees are outraged by the fact the majority of them receive a monthly pension of BGN 200, which is below the official poverty line of BGN 236, set by the National Statistics Institute.
In addition, the new thresholds could become a hurdle for the so-called one-time energy assistance for the most disadvantaged as they will increase their income slightly above the one that would qualify them.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
During debates on a draft decision concerning the Bulgarian Energy Holding, Minister of Finance Asen Vassilev announced that Bulgaria is on the brink of entering the Eurozone as it meets the inflation criterion
In order to protect the economic interests of consumers, there will be a period of double labeling of the prices of goods and services - in leva and in euros
As Bulgaria inches closer to joining the Eurozone, concerns arise over the implementation of rounded prices in euros, potentially impacting citizens' wallets upon adoption of the single currency
On a briefing held at the National Press Club of BTA, Nikola Ilchev, the creator and organizer of the Balkan eCommerce Summit, showed projections indicating a significant rise in Bulgaria's e-commerce sector
The Ministry of Finance in Bulgaria has revealed that the process to facilitate the exchange of levs with euros in the country will come with a hefty price tag, estimated to be at least BGN 500 million
As Bulgaria steers towards adopting the euro, economists dispel concerns over potential price increases, assuring the public that the impact on inflation will be minimal
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022