Termination of employment

EKAS allowance to be cut by half

The EKAS allowance for low-pension retirees will be reduced by 50 percent, according to a decision by alternate Finance Minister Giorgos Houliarakis and deputy Minister for Social Security Tasos Petropoulos that was published Wednesday in the government gazette.

The move will reduce the cost of the EKAS in the 2017 budget by 421 million euros.

Bulgaria's Education System Faces Severe Cadre Crisis Due To Retirement of Teachers

Bulgaria's education system is facing budget difficulties and a severe cadre crisis due to the retirement of teachers.

Since the beginning of 2016, 7,700 teachers have retired and this number is expected to grow to 10,000 by the end of the year. Initial expectations were for fewer than half this number of teachers to retire in 2016.

Pages