Despite the crisis over the Covid-19 pandemic, business and government spending on wages is rising. According to the National Statistical Institute, in the second quarter of the year the total costs per hour of work increased by an average of 9.9 percent compared to the same period last year.
In industry the rise is by 10.7%, in services by 9% and in construction by 6%. The highest growth of total labor costs is in the sectors of "Real Estate" by 24%, in "Education" by 19% and in "Mining and Quarrying" by 13.5%. The lowest increase is in the most affected by the crisis branch of "Hotels and Restaurants" by 3.4 percent.
We are working with the INSAIT Institute in Sofia. If they approve our project, in 2026 we will build an AI factory, Petar Statev from the Supervisory Board at Sofia Tech Park has told the Bulgarian National Radio. The..
According to the regular sociological survey by Gallup International Balkans in January 2025, society has moderate expectations for positive changes in Europe and Bulgaria from the policies of the new US President Donald Trump. 30.4%..
The Bulgarian Cultural Institute in London is covering all the costs for the festive concert-performance that will mark the national holiday. The concert will be held at the Ondaatje Theatre, Royal Geographical Society on March 1,..
The Bulgarian Ministry of Tourism will work to create a map of important, but hard-to-reach tourist and cultural-historical sites. The goal is then to..
Bulgarian Finance Minister Temenuzhka Petkova will travel to Brussels to provide an update on Bulgaria’s progress towards euro area accession. The..
Minimum temperatures on Monday will be between minus 4 and 1°C. In Sofia it will be around minus 3°C. The mercury will hover between -3 and 0 °C in the..
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