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Archived edition · August 23, 2026 Today's news →

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Pensions 📉

Pension Reductions Announced, Vitosha Lifts Face Crisis

Bulgaria is facing new economic impacts as the main pension is set to decrease by over 10% due to a second payment, directly affecting beneficiaries. Meanwhile, the capital, Sofia, is grappling with a potential crisis at its Vitosha ski resort, with reports suggesting it may operate with one fewer lift, prompting an emergency meeting of the Sofia City Council.

Concerns over energy security are escalating as an expert warns that a further 17-18 cm drop in Danube River levels would force the Kozloduy Nuclear Power Plant to halt its pumps. The country is also under a yellow code warning for dangerous heat, affecting most regions. In political news, Radan Kanev, a Member of the European Parliament, indicated that supporters anticipate Boyko Gurov will run as a presidential candidate.

Further developments include the new Ministry of Justice team announcing measures against property fraud, and the Commission on Dossiers revealing initial State Security collaborators in public procurement. Separately, a fire has broken out on Youth Hill in Plovdiv, while two missing sisters from the Montana region have been successfully located in Ruse.

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Danube Levels Threaten Kozloduy NPP

An expert has warned that if the Danube River's water level drops by another 17-18 cm, the pumps at the Kozloduy nuclear power plant would have to cease operations, raising significant concerns for energy supply.

Political Figures and Candidacies

Radan Kanev, a Member of the European Parliament, stated that supporters anticipate Boyko Gurov will be a presidential candidate. Meanwhile, a political development suggests that Tsvetanov was allegedly repressed by the GERB party. The Commission on Dossiers also announced the first State Security (DS) collaborators involved in public procurement.

Economic and Tourism Outlook

The head of the Bulgarian National Bank (BNB) has urged banks to improve the quality of their lending practices. Additionally, the upcoming summer tourist season in 2026 is being viewed as a significant stress test for Bulgaria's maritime tourism sector, while noise pollution is identified as a primary issue in Sozopol.

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