Since January 1, 2016, the minimum monthly wage in the EU ranges between 210 euros in Bulgaria and 1923 euro in Luxembourg. This is more than nine-fold difference, data by Eurostat concerning the purchasing power in various Member States, show. In Europe the minimum monthly wage is lower just in Albania and Macedonia. The minimum monthly wage in Romania, Serbia and Montenegro is about 250 euros a month.
The financial situation in the country is critical, Finance Minister Temenuzhka Petkova says. Which means that the good news – the slowing inflation rate (on an annual basis) and Bulgaria’s full accession to the Schengen area at the beginning of the..
Moody's Ratings has affirmed Bulgaria's long-term and short-term rating at Baa1 with a stable outlook. The affirmation of Bulgaria's Baa1 rating reflects the rating agency's expectations that Bulgaria's debt and creditworthiness indicators will remain..
On January 27th, government securities for 150 million euros (300 million leva) will be offered on the domestic market , the Bulgarian National Bank (BNB) announced. The bonds will have a maturity of 7 years and an annual interest rate of 3.25%. On..
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