Bulgaria has the lowest price level for consumer goods and services among the EU member countries, Eurostat data for 2018 show.
This country has the lowest level in 7 out of 10 sectors analyzed. For example, the price level for home maintenance in Bulgaria - lighting, heating, water and other payments - is 33, the EU average being 100. Bulgarians have the lowest expenses for travel, restaurants and hotels. Price levels for beverages and tobacco are also the lowest in the EU – 58 points, the figure is approximately the same for sport and tourism. But food expenditures are 72 points, the EU average being 100, and car expenditures - 85 points.
At the same time the country is last in per capita GDP at 7,829 euro, the per capita GDP in Germany being 30,000 euro.
Bulgaria will be able to join the eurozone when it meets the inflation criterion, outgoing finance minister Assen Vassilev said in the National Assembly during a debate on state-owned Bulgarian Energy Holding. Vassilev noted that the outgoing..
President Rumen Radev spoke with Ombudsman Diana Kovacheva as part of the consultations on a caretaker prime minister. After the meeting with the head of state, Ms. Kovacheva told the media that she could not take up the post because she had been..
After a meeting with President Rumen Radev, Bulgarian National Bank (BNB) Deputy Governor Petar Chobanov said that the consultations with the head of state and the potential candidates for caretaker prime minister were at a stage where there was no..
There Is Such a People (ITN) thanked President Rumen Radev for placing his trust in them, and handed the third and last mandate for forming a..
On Thursday, minimum temperatures in Bulgaria will be between 7 and 12°C, 8°C in Sofia. Around midday, there will be variable cloudiness with sunny..
"Assuming that there will be a constitutional crisis seems quite frivolous to me". This was what PP-DB candidate for Prime Minister Nikolai Denkov..
+359 2 9336 661