The average annual return for someone insured through a private pension company could exceed 7%, but only if they choose the riskiest subfund
Given current trends in Bulgaria, the country’s pension system may soon begin to be financed primarily from the budget rather than from social security contributions
The current model of the Bulgarian pension system encourages income concealment and the non-payment of required social security contributions
Bulgaria is the European Union country with the fastest-rising standard of living in 2025. Eurostat data on purchasing power parity (PPP) show that the country has climbed
Brand-name goods, premium brands, organic products, and locally produced items.
Unsurprisingly, the minimum wage in Bulgaria is the lowest among EU countries where such a wage exists
At the suggestion of the BSP, but with complete unanimity, MPs drastically lowered the interest rate cap on loans for tuition and living expenses for students and doctoral candidates
The payment account for basic transactions, created years ago with the idea that no fees would be charged if the money came only from salaries, pensions, social benefits
One in five Bulgarians, or 21.7% of our compatriots, is at risk of poverty. This puts our country in first place in the European Union (EU) as the country with the highest risk of poverty
Massive savings in banks help buyers invest in buying second or third homes
