Personal finance

Labour Minister Budai: Monday we begin paying new increased pensions

The payment of the new increased pension amounts will actually start on Monday, Labour Minister Marius Budai said in Mamaia on Saturday. "We have recalculated all pensions. The coupons are printed, the first payments to the Romanian Post have been done. Starting Monday, we actually begin the payment of the new pension amounts.

Distribution of Over BGN 620 Thousand Worth of Pensions in Bulgaria is Temporarily Suspended

Over half a million BGN pensions are "suspended". According to the National Social Security Institute, the pensions of 4794 pensioners for over BGN 620 thousand were closed due to unpaid electricity, water, and heating bills, debts to tax or banks, NOVA reported.

Pensions are the highest in Sofia, with Pernik second in terms of senior debtors. The debtors in Plovdiv follow.

Investbank Provides Loans for Undergraduate and Doctoral Students

From the beginning of the 2019/2020 academic year, Investbank will provide loans to undergraduate and doctoral students after concluding a contract with the Ministry of Education and Science for lending to undergraduate and doctoral students with state financial support. The student loan system guarantees access for young people to higher education, regardless of their social status.