Bulgaria is among the five EU member states where workers at minimum wage are left with less than half of their income after paying their rent (the other four countries are Spain, Luxembourg, Hungary and Portugal). This was reported by CITUB, referring to a study by the European Trade Union Confederation, conducted on the eve of the forthcoming discussion on the directive on adequate minimum wages in the European Parliament, reporter Maria Kostova informed.
According to CITUB data, 500,000 working Bulgarians receive minimum monthly salary of 332 euros. According to estimates, the required net income for 1 adult living alone in Bulgaria is 546 euros a month.
In an analysis of the pension system in Bulgaria, the International Monetary Fund urges the country to raise pensions by raising social security contributions and doing away with the maximum insurable earnings. According to the analysis, pensions in..
Bulgarian tour operators and travel agents are hoping the new parliament will reconsider the decision to revert to the higher VAT (20%) for the industry as of 1 July. They are insisting that tourist packages be subject to 9% VAT until the end of..
The first joint operation of the newly formed Mine Counter Measures Task Group Black Sea involving Bulgaria, Turkey and Romania is to take place July 2-16, the Bulgarian news agency BTA reports. The last time such an operation was carried..
Bulgaria’s national team of mathematics put up an excellent performance at the Junior Balkan Mathematical Olympiad. Six Bulgarian students returned from..
Bulgaria’s President Rumen Radev handed the first cabinet-forming mandate to Rossen Zhelyazkov who is the prime minister-designate of the largest..
On Tuesday the weather will be sunny and hot over most of the country. Clouds will form over Western and Central Bulgaria in the afternoon and there..
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