2024 has begun with many changes in the incomes of Bulgarian citizens. The minimum wage is now EUR 477.04, an increase of 19.6% or EUR 78.23 compared to last year. The minimum hourly wage is 2.85 EUR. The minimum selected monthly social security income..
Despite the criticism, Bulgaria’s National Assembly adopted at first reading the 2024 budget. "We Continue the Change - Democratic Bulgaria", GERB-SDS and the Movement for Rights and Freedoms voted in favour. Bulgaria’s Minister of Finance Assen..
I hope that the authorities in Bulgaria will manage to bring inflation in the country to levels that meet the requirements for adopting the euro, the Executive Director of the International Monetary Fund for Bulgaria, Paul Hilbers, said for BNT...
Inflation has fallen to levels from before the war in Ukraine. In October 2021 it was 6%, and this October it is 5.8%, Prime Minister Nikolay Denkov said before the government meeting today. "We have also introduced measures guaranteeing the lowest..
Economic growth in Bulgaria is expected to slow down in 2023 , according to the autumn economic forecast of the European Commission. After the good performance in 2022, exports will shrink this year due to reduced external demand. The imports for..
“We have a calm market at the moment. But what is worrying people and making them nervous is the fact that incomes are lagging behind,” says Vladimir Ivanov, chairman of the Commodity Exchange and Wholesale Markets State Commission. He says there is..
Discussions are underway with retail chains to voluntarily set weekly products at discount prices , Prime Minister Nikolai Denkov said on the occasion of Economy Minister Bogdan Bogdanov's idea for big stores to sell 15 basic foods at lower prices...
As two wars rage and migrant flows increase, the human race seems to face another major challenge – what can be done to protect the rights and ensure a life of dignity for the people living on the verge of poverty. In Bulgaria, where the minimum..
Annual inflation in Bulgaria slowed to 6.3% in September from a level of 7.7% a month earlier, according to the National Statistical Institute. This has been the lowest reported inflation in this country since October 2021. In the..
Accession to Schengen and the Eurozone, membership of the Organisation for Economic Cooperation and Development – these are some of the top priorities of Bulgarian diplomacy. The target date for the introduction of the single European currency is set..
