pension reform

Original publication of the interview: Frognews.bg - Mr. Vuldjev, everyone has heard about the hole in the pension insurance system in Bulgaria. How big is this hole actually to date and what does this mean? - The budget of the National Social Security Institute for 2018 includes a deficit of nearly 4 billion leva for the Pensions Fund, which ...

|Full text of the analysis| The state pillar of the pension system in Bulgaria is in a state of practical bankruptcy. The situation is so critical that for working Bulgarians, who are currently in their 30s or 20s, most likely there simply will not be money to pay their pensions when …

The most notable (and frightening!) part of the election campaign so far has been the unprecedented escalation of populist economic promises from parties that have already announced some of their economic programs. Almost all parties are pushing each other to propose "solidarity" economic policies, which would have very negative consequences for both the state budget and...