EUR 1,287 is the average monthly cost of living of a four-member household (2 adults and 2 children) in Bulgaria, data of the Bulgarian labor unions about the last trimester of 2019 show. The cost of living per person amounts to EUR 322 on average. The net wage of each of the two adults in the family should amount to at least EUR 644 per month after taxes and social security contributions to reach the average cost of living per person. Data about the third quarter of 2019 show that the net average monthly salary in Bulgaria was to the tune of EUR 495, or 23% lower than the necessary salary that would cover the basic cost of living in this country. The regional imbalance in terms of GDP per capita remains. Bulgaria’s capital Sofia forms 40.4% of the total gross domestic product. Five districts-Sofia, Varna, Burgas, Stara Zagora and Plovdiv form two-thirds of the total GDP.
“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..
The Constitutional Court has opened a case following the request by President Rumen Radev for the amendments to the Constitution, endorsed by the 49 th National Assembly, to be declared unconstitutional. These amendments concern the lifting of the..
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..
77 per cent of those employed in Bulgaria's secondary education system are ready to go out on strike demanding a pay rise in the sector, according to a..
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