Bulgaria Rulers Confirm Pension Hike in Election Year

Politics » DOMESTIC | September 30, 2012, Sunday // 18:19
Bulgaria: Bulgaria Rulers Confirm Pension Hike in Election Year Bulgaria, the youngest member of the European Union, has the most grey-haired demographic picture not only in the bloc, but in the whole world, according to recent surveys. Photo by Sofia Photo Agency

Bulgaria's ruling center-right party GERB and the Cabinet of Prime Minister Boyko Borisov have reiterated their promises to raise the pensions of retirees in the country ahead of the 2013 parliamentary elections.

The promised pension hike will probably come into effect as of April 1, 2013, Finance Minister Simeon Djnakov said on Sunday, while on a visit to a coastal resort near Varna city.

Bulgaria's government is also planning to raise the minimum monthly salary in Bulgaria from the current BGN 290 to BGN 310 as of January 1, 2013.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Domestic » Be a reporter: Write and send your article
Tags: Bulgaria, pension, pensions, retirees

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria