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Bulgaria's Finance Minister Pushes for Further Public Sector Downsizing
Four thousand state officials may be laid off so as to free financial resource for higher retirement payments
As many as four thousand state officials may be laid off in Bulgaria by the end of 2011, so that the government could raise funds for a badly needed rise of the lowest retirement payments in the country. This became clear from a statement of Finance Minister Simeon Djankov. The first wave of lay-offs will hit the public sector on July 1, so as to free financial resource for a partial rise of ...Read
Four thousand state officials may be laid off so as to free financial resource for higher retirement payments
As many as four thousand state officials may be laid off in Bulgaria by the end of 2011, so that the government could raise funds for a badly needed rise of the lowest retirement payments in the country. This became clear from a statement of Finance Minister Simeon Djankov. The first wave of lay-offs will hit the public sector on July 1, so as to free financial resource for a partial rise of ...Read
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