EUR 1,287 is the average monthly cost of living of a four-member household (2 adults and 2 children) in Bulgaria, data of the Bulgarian labor unions about the last trimester of 2019 show. The cost of living per person amounts to EUR 322 on average. The net wage of each of the two adults in the family should amount to at least EUR 644 per month after taxes and social security contributions to reach the average cost of living per person. Data about the third quarter of 2019 show that the net average monthly salary in Bulgaria was to the tune of EUR 495, or 23% lower than the necessary salary that would cover the basic cost of living in this country. The regional imbalance in terms of GDP per capita remains. Bulgaria’s capital Sofia forms 40.4% of the total gross domestic product. Five districts-Sofia, Varna, Burgas, Stara Zagora and Plovdiv form two-thirds of the total GDP.
Bulgarians value democracy, human rights, the rule of law and the standard of living in the EU, according to Eurobarometer data presented on July 26 by the European Commission, BTA reports. When asked what are the strengths of the..
October 9 is the deadline for applications for research residencies for literary translators from Bulgarian under the Archipelagos project, the Next Page Foundation announced. The residencies will take place at the House for..
The University of National and World Economy is the only economic one among the four Bulgarian universities present in the prestigious ranking of European universities QS World University Rankings, the press center of the educational..
A fire broke out in a fireworks warehouse complex between the town of Elin Pelin and the village of Gara Elin Pelin near Sofia, the BTA news agency..
The man injured in the explosions at a fireworks warehouse near the village of Elin Pelin has died. The doctors did everything they could, condolences to..
Travellers at Sofia Airport's Terminal 2 can now enjoy a new lounge area that combines a modern relaxation area with a shared workspace. Announced on..
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