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..
After two years of pandemic, we welcomed 2022 with the hope for life to return to normal, incomes to rise and society to be back on track. Until, in February, the world faced another crisis - only this time on the war front. It dragged down..
Slowdown in investment and growth, pandemic, recession, rapid recovery, political instability, war in Ukraine, energy crisis in the Old Continent. Following in this order are the challenges that have changed the economic and social map of Bulgaria..
Social inequalities and inflation are two of the leading problems in Bulgaria’s income policy. While inflation is a pan-European issue, provoked by external factors, such as the war in Ukraine, the price of energy carriers, etc., the wide gap between..
2020 was the perfect social experiment, a serious stress test for the entire social system in the country, analysts from the Institute for Market Economics say. Back then, in the space of three weeks, around 90,000 people in Bulgaria..
The draft budget for 2021, submitted for discussion in the National Assembly by the Ministry of Finance, has provoked contradictory reactions and some confusion among the country's financiers. Perhaps most harsh in his..
We shall be working 4 months this year to fill up the state treasury, analysts from the Institute for Market Economics say. Every year they calculate how much Bulgarians have to pay for the services the state offers. “This year Tax Freedom..
The topic of bureaucracy and its effect on business is nothing new to Bulgaria and has been the subject of discussion many a time. Public perception and most surveys indicate that it is a comparatively major issue, said economist Petar Ganev from..
The free-trade agreement between the EU and Canada, known as CETA comes into force as of today. The document was approved by the member countries within the frameworks of the European Council and voted by the European Parliament. It will be fully..
