The average annual income per capita in Bulgaria in 2015 amounted to BGN 4,953 (EUR 2,532) and saw a 2.9% increase as compared to the previous year, the National Statistical Institute informs. Statistics also show that the total average annual income per household member increased two-fold over the past twelve years. The average income from wages and salaries per person was at BGN 2,726 (EUR 1,393) in 2015. The relative share of income from wages and salaries in the total income was at 55% and saw a 0.8% increase as compared to 2014. The social transfers (pensions, family allowances, social benefits, unemployment benefits and scholarships) were at BGN 1,455 per capita in 2015 (EUR 743) with pensions dominating among other social transfers.
The euro area unemployment rate stabilised for the second consecutive month in May at 6.4%, the lowest level since 1998. In Bulgaria the unemployment rate fell from 4.5% in April to 4.4% in May. Youth unemployment (under 25s) in the country is 14%...
The question is not whether Ukraine will join NATO, but when. The answer depends on the theatre of war and the ability to achieve a lasting peace, Bulgarian President Rumen Radev said at the opening of The Economist's 28th Governmental Roundtable, held..
The caretaker government has fulfilled its main task successfully – organizing fair and transparent elections for National Assembly and for European Parliament. All activities were transparent and within the deadlines set, the caretaker cabinet with..
“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their..
The first joint operation of the newly formed Mine Counter Measures Task Group Black Sea involving Bulgaria, Turkey and Romania is to take place July..
The caretaker government has fulfilled its main task successfully – organizing fair and transparent elections for National Assembly and for European..
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