In the past 3 months, the income needed to support 1 person has grown by 3.1%. On an annual basis the rise is 14.6%, according to the monitoring on consumer prices and wages by the CITUB trade union. The sum needed to support a working person living alone increases by 89 euros, and for a family of three by 160 euros. The net monthly income needed by a single person is EUR 697; for a family of three it is EUR 1,254. The inflation rate for essential goods reaches 25 percent and wages in the state budget have lost 6% of their purchasing power since the beginning of 2023.
2/3 of working people do not receive the money they need to live normally, CITUB economist Luboslav Kostov said. According to CITUB calculations, the minimum monthly wage should be 650 euros, not 390.
The National Day of Bulgaria was celebrated with the laying of flowers and wreaths at the Monument to the Unknown Soldier in Sofia and the raising of the national flag. The ceremony was attended by Vice President Iliana Iotova, Minister of..
Heads of state and leaders from around the world congratulated the Bulgarian people on their National Day in congratulatory addresses sent to President Rumen Radev on the occasion of the 147th anniversary of the Liberation of Bulgaria. On behalf of..
There are positive demographic trends in the country, but no one talks about them, Associate Professor Georgi Bardarov said in an interview with bTV. The head of the Department of Socio-Economic Geography at Sofia University emphasized that 10 years..
Household electricity prices will not go up with the planned liberalization of the electricity market for household consumers as of 1 July this year,..
Twenty-five children and young people who survived kidnapping by the terrorists from Hamas in the tunnels under Gaza, or whose parents are still held..
Sunday will be cloudy. A cold atmospheric front from the west will bring rainfalls. In the western mountainous regions of Bulgaria,..
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