The Bulgarians spend under 30% of their incomes on food, data of the National Statistical Institute show. In the past 10 years food costs decreased at the expense of higher spending on taxes and social security. Meanwhile, food costs rose by 41%, spending on house maintenance and bills increased with 67.5%, and spending on taxes and social security increased more than three times. In 2018 the cost per person increased with 10.6%, whereas incomes rose by 7.6% only. The national statistics also shows that the money spent by the Bulgarian citizens last year was 30% more than the total volume of declared incomes, but analysts contend that this margin is covered mainly by the money sent by the Bulgarian emigrants to their country.
Municipal councilors from "Blue Sofia" submitted a report in which they insist that the "St. Alexander Nevsky" square in Sofia should be renamed "St. Ivan Rilski". "The square is the most representative public space of the capital of Bulgaria,..
The European Commission has called on Bulgaria and 25 other EU countries to introduce a fast-track approval procedure for renewable energy projects. The new rules should have been in place by 1 July this year. The EC has launched infringement..
"Stolichen Avtotransport's accounts have been frozen since yesterday, according to mayor Vasil Terziev. He warned that if the company ceased operations, Sofia would be left without public transport. "Deputy Mayor for Finance Ivan Vasilev, like the..
For the first time in 38 years the population of Bulgaria has practically stopped its downward trend. In 2023 the decline is by a mere 0.3%, or just..
Bulgaria is growing more and more visible for businesses in the US, said Bulgaria’s President Rumen Radev at a briefing in New York after meeting with..
Renowned Bulgarian pianist Marta Deyanova has died in London at the age of 77, her son Martin wrote on Facebook. Marta Deyanova graduated from the..
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