In the first quarter of 2023, the average monthly salary in Bulgaria decreased by 2.5% as compared to the third trimester of 2022. Bulgaria’s capital Sofia tops the ranking with an average monthly salary of EUR 1,330.89, indicate data of the National Statistical Institute, BNR-Varna reported.
Sofia-district comes second with EUR 888.11, followed by Stara Zagora- EUR 882.49 and Varna- EUR 870.73.
Moody's expects Bulgaria to join the Eurozone no later than the beginning of 2026. According to the rating agency, the growth of the Bulgarian economy in 2024 will be 2.9%. The ongoing domestic political crisis and the likelihood of new early elections..
Until the end of 2024, businesses will continue to receive compensations for high electricity prices. They will be 100% after a price of over 90 euros per megawatt hour on the stock exchange. The previous threshold was 100 euros. The..
Deposits in banks for the first quarter of 2024 have reached a record level of 75.4 billion euros. From January to March, deposits grew by EUR 1.35 billion or by 1.8%. The rise is mainly due to increased household deposits, the..
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