The minimum monthly salary is expected to increase. Currently, we are working on different scenarios for a higher minimum salary, Bulgaria’s caretaker Minister of Labor and Social Policy Galab Donev said for Nova TV.
Galab Donev said he supported the increase of incomes and the minimum monthly wages. The minimum salary will rise, but not to EUR 388 per month, as proposed by the biggest trade union in this country- the Confederation of Independent Trade Unions in Bulgaria. An increase from EUR 322 to EUR 388 would be too sharp, contends Minister Donev. Incomes have increased by an average of 14% this year, while inflation amounts to just over 2%. Pensions increased as well, reminded Minister Galab Donev. According to Minister Donev, the income growth has significantly outstripped inflation in 2021.
In 2024, the real estate market in Bulgaria registered a significant rise, with prices increasing by around 16%, and the number of real estate transactions going up as well. Real estate prices along the Black Sea coast have continued to grow,..
The real estate market in Bulgaria has steadily been growing in the past few years. There has been talk of a price bubble, inflated to serious proportions at the time of the pandemic, though expectations that it is going to burst have come to nothing...
One of the key steps in the expansion of the underground gas storage at Bulgaria's Chiren gas storage facility, the construction of the above-ground infrastructure and the installation of new compressors, has already been completed, Energy Minister..
Fitch Ratings has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB' with a Positive Outlook, reported BTA...
One of the largest cargo ships in the world docked for the first time at the Port of Varna, delivering 58,000 tons of rapeseed, BGNES reported...
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