Bulgarian households will spend up to 25% of their monthly income for gifts for Christmas and New Year, according to the 2018 Christmas Barometer survey of the Ferratum Group, conducted in 19-countries. It places Bulgaria at 4th place on planned expenses for the upcoming holidays. The Mexicans top the chart as they are going to spend almost half of their salary (48%) for presents, followed by the Brazilians (38%) and the Romanians (29%). The Dutch and the Germans will spend about 10% of their monthly income for the purpose. The most popular Christmas gift in 2018 will be clothing - 16%; toys (10%); sweets (9%) and family entertainment (8%).
One million and eight hundred Bulgarian citizens travelled as tourists during the third quarter of the year, National Statistical Institute data show. 72.3% of them travelled inside the country, 20.8% travelled abroad and 6.9% - both inside Bulgaria..
“Investing in people, education, innovations and technologies is the key to success in the future,” said President Rumen Radev at the opening of the business forum in Singapore, in which representatives of companies from Bulgaria and Singapore are..
“It’s time to lift internal border controls now,” European Commissioner for Home Affairs Ylva Johansson believes. In an interview with RFE/RL she said she was optimistic about Austria’s decision. Asked what the arguments are for blocking the..
Bulgaria has become the first in the EU to have a high-tech artificial intelligence in its own language , created by a state-funded scientific..
According to an analysis by the Electricity System Operator, a shortage of electricity is expected as early as January and February next year. At a..
Bulgaria’s caretaker Foreign Minister Ivan Kondov and his Albanian counterpart Igli Hasani confirmed the firm commitment of the two countries to the..
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