Macroeconomic Monitor

2016.05.04

Pension reform and the contradictions in the second pillar of pension insurance in Bulgaria

Last time before Christmas, this time before Easter, there is apparently some connection between the pension reforms of the Ministry of Finance and the biggest Christian holidays. A week before Good Friday, the Ministry of Finance published a bill for an extremely radical reform of the second pillar of pension insurance. According to Minister Goranov, this reform would solve the problem of serious …

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