On Thursday Social Minister Georgi Gyokov announced that old age pensions will increase by at least 6.1 percent from 1 July. He underlined that from now on the rise in the individual state-provided pension ought to reflect the contribution of a person to the social system, while those with the lowest pensions ought to be supported by the state until their income reaches the national poverty line. In other news:
Household income up 6.2%: Government report
In 2020, the average annual total income per person in a household in Bulgaria reached 7 002 BGN, which marks an 6.2 percent increase compared to 2019. For the past ten years between 2011 and 2020, total income per person in the average household has increased 1.9 times. Those are the main conclusions from a government-issued Report on the Implementation of the Updated National Strategy for Demographic Development of the Population in the Republic of Bulgaria (2012-2030) adopted by the cabinet on Thursday. The report also marks an increase of imigration into the country over the year 2020 and a continuous decrease in the infant mortality rate that has fallen to 5.1% in 2020, compared to 14.4% in 2001.
Telenor backtracks over plans to almost double customer prices
The mobile operator has abandoned its intention to increase its tariffs by factoring in backdated inflation - for 2020 and 2021. This is stated in a letter of the company's CEO published today on the company website. A few days ago, the Consumer Protection Commission (CPC) banned the telcom from stacking up appreciation indices and warned that companies have the right to update their prices, but only in sync with the inflation rate for the previous year. The ban also applied to the other operator, which warned its subscribers that it would increase their bills because of the increase in 2020 and 2021 - A1. Both Telenor and A1 appealed the CPC ban in court, only to have both of their cases rejected soon after.
Ruling coalition postpones the procedure to select new president of water and energy regulator
The ruling coalition decided on Thursday it would postpone opening the procedure for the selection of a new president of the Energy and Water Regulation Commission (KEVR). The mandate of the acting president Ivan Ivanov lapsed over a year ago and he, alongside one more member, have served way past their legally designated terms.