PoliticalOptimistic comment2026-05-20🇧🇬
Bulgaria cuts budget sector pay by 10% and raises pensions 7.8%
source: Bulgarian Ministry of Finance
On 2026-05-20, Bulgaria's Finance Minister Galab Donev announced in Sofia that pensions will rise by 7.8% from July 1 and that the government will seek a 10% reduction in budget-sector wage and social contribution spending from September 1. He said the measures are intended to support public finances and would not directly cut individual salaries.
0.23Significance0.0Goldstein scale5.0Magnitude0.2Systemic0.4Market1Articles
Location
SofiaEuropeBulgariaEurope42.698, 23.322
Story Links