Earlier this week, the new actuarial report of the National Social Security Institute (NSI) was released, with calculations and long-term forecasts for the state pillar of the pension system. To some extent, this report stirred up the spirits in the domestic media because it shows a serious deterioration in the financial condition of the state social security. Unfortunately, however, the comments …
More »Our unions are sliding down the path of budget spending and populism
Yesterday, the more left-wing of the two major unions – the Confederation of Bulgarian Trade Unions – brought its members to parliament to protest changes to the pension system and a number of other elements of the budget that they disagree with. Of course, the aim of the union pressure is to give more money to a certain group of workers who …
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EKIP– Expert Club for Economics and Politics A Different Opinion