The cost of living for a three-member family increased by 78 euros year-on-year. A three-member family of two employed people and a child needed EUR 1,307 of net monthly income at the end of 2023. However, two-thirds of Bulgarians receive payments..
The minimum monthly salary is expected to reach EUR 480 as of 2024, caretaker Minister of Finance Rositsa Velkova said in an interview with the Bulgarian National Radio (BNR). This is enshrined in the three-year medium-term forecast on..
The two biggest trade unions in Bulgaria- the Confederation of Independent Trade Unions in Bulgaria (CITUB) and the Confederation of Labor Podkrepa are dissatisfied with the minimum wage increase. The minimum monthly salary is to increase from EUR..
Bulgaria’s Ministry of Labor and Social Policy, employers and trade unions did not agree on the minimum monthly salary. This became clear at a briefing after today's meeting of the National Council for Tripartite Cooperation. Bulgaria’s caretaker..
27% of working Bulgarians or 840,000 people cannot afford a one-week holiday. Over 38 million people in Europe cannot afford a week’s holiday , despite being in work, indicate data of a survey conducted by the European Trade..
Bulgaria has the sixth highest inflation in the EU . I n April, inflation reached 14.4 % year on year , whereas the EU average was 8.1%, reads an analysis by the Confederation of Independent Trade Unions in Bulgaria (CITUB) regarding the..
Today we mark the International Workers Day, also known as Labor Day. According to Dimitar Manolov, President of the Confederation of Labor Podkrepa, the war in Ukraine, inflation and the energy crisis are the biggest challenges for the Bulgarian..
Bulgaria’s cabinet is expected to meet online today to discuss the 2020 draft state budget, the budget of the State Social Security and the National Health Insurance Fund. The 2022 draft budget envisages a GDP growth of 4.8%, or 1.2% more as..
In 2022, Bulgaria is expected to receive the first tranche under the Recovery and Resilience Plan to the tune of to EUR 1.6 billon , this country’s Deputy Premier and Minister of Finance Assen Vassilev said in an interview for the BNR. In..
Bulgaria’s Deputy Premier and Minister of Finance Assen Vassilev called the 2022 draft budget “a budget of economic growth”. “The new budget envisages higher capital investments with EU funds and money from the state budget; a significant increase..
