News tagged "retirement"
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Bulgaria's 'Arsenal' Military Plant Braces for Massive Layoff
Over 900 employees of Bulgaria's Arsenal Kazanlak, one of the largest military factories in the Balkans, will be laid off, it was made clear after the plant's managing body met with representatives of the local municipality. Approximately 600 of the workers about to be laid off are employed on temporary contracts, while 94 have reached the age of retirement, the Bulgarian National Radio ...
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Bulgaria's Disgruntled Police Set to Protest, Too
Bulgaria's police officers are set to stage mass protests over their retirement conditions, the Syndicate Federation of Police Officers decided Saturday. Syndicate leader Valentin Popov declared that the police are set to stage protest rallies even though they have not agreed on a date yet. However, they are certain to back the November 30 protest rally of Bulgaria's two major trade unions ...
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Bulgaria FinMin:I Bet My Career on Budget 2012, Further Cuts Likely
Bulgaria's finance minister has fiercely defended the austerity draft budget for 2012, saying that its failure would spell the end of his term in the government. "I bet my career as a minister on this budget," Simeon Djankov told the morning broadcast of Nova TV channel on Friday. "If the government steps back from its demands for a later retirement in the interior and defense ministries and a ...
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Bulgaria Mulls Upping Bonuses for Working Retirees
Bulgaria's Ministry of Social Policy and Labor is going to propose a plan to increase bonuses for people who are eligible for retirement but continue to work. The proposal further includes clauses for stronger protection of such people from layoffs. According to Social Minister, Totyu Mladenov, each year of work after an individual becomes eligible for retirement would be awarded by an ...
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Bulgaria Social Security Institute Head Hangs in Balance
Bulgaria's prime minister has surprisingly threatened to kick out of office the head of the country's Social Security Institute (NOI) Hristina Mitreva. "Very soon the director of NOI will be sent into retirement and dismissed," Boyko Borisov said in the town of Stara Zagora, as cited by Standard daily. The announcement followed allegations of delay in the pensions granted to orphans who are ...
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Bulgaria's Early Retirement Revisions Pushed Back 1 Year
Bulgaria's Minister of Labor and Social Policy, Totyu Mladenov, believes the heated debates on the retirement reform are the deed of unidentified forces wishing to stir chaos in the country.
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Bulgaria Awaiting Final Decision on Pension Reform
Supporters of Bulgarian Trade Unions shout slogans during a protest rally in Sofia 7 Oct against the cabinet's silence regarding plans to increase the years of service required for retirement.
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Bulgaria Awaiting Final Decision on Pension Reform
Supporters of Bulgarian Trade Unions shout slogans during a protest rally in Sofia 7 Oct against the cabinet's silence regarding intentions to increase the years of service required for retirement.
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Berbatov rules out Bulgaria return, says Matthaeus
New Bulgaria coach Lothar Matthaeus admitted on Thursday he has failed in his bid to persuade Manchester United striker Dimitar Berbatov to come out of retirement to help his country qualify for Euro 2012.
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Bulgaria to Up Retirement Requirement, Trade Unions Wrathful
The retirement requirement for work experience in Bulgaria is to be raised with 3 years, according to amendments to the Social Security Code proposed Monday by Bulgaria's National Social Security Institute.
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Berbatov Eyes Top Management Post in Bulgaria
Manchester United and Bulgaria striker Dimitar Berbatov, who recently announced his retirement as captain of the national football team, has unveiled plans for top management post once he returns to his home country.
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Manchester United striker Dimitar Berbatov snubs England showdown after quitting international football with Bulgaria
Bulgaria captain Dimitar Berbatov has announced his retirement from international football. Manchester United striker Berbatov made 74 appearances for his country.
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Manchester United's Dimitar Berbatov announces Bulgaria retirement
Bulgaria captain and Manchester United striker Dimitar Berbatov has announced his retirement from international football.
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Bulgaria Finance Minister: Retirement Reform Is Looming
Bulgaria cannot avoid a significant retirement reform and by mid-May the cabinet will propose to the labor unions and the employers its reform program, Finance Minister, Simeon Djankov, informs.
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