The total average income per household member in the first quarter of 2024 is BGN 2,840 (EUR 1,452.07), which was an increase of 18.6%, year-on-year, the National Statistical Institute said. Wage income increased from BGN 1,284 (EUR 656.5) to BGN 1,597 ( EUR 816.53), which was an increase of 24.4%.
The total expenditure per household member in the first quarter of 2024 averaged BGN 2,524 (EUR 1,290), which is an increase of 17.4% year-on-year. The largest share of expenditures is for food and non-alcoholic beverages (29.8%), followed by housing expenses (17.1%), taxes and social security contributions (14.9%) and transport and communications (11.2%).
Bulgaria is making good progress toward joining the Eurozone, as inflation is decreasing towards the threshold set by the criteria, European Bank for Reconstruction and Development President Odile Renaud-Basso said in an interview with BTA. The..
Bulgaria's Ministry of Transport has been working for years to develop Corridor No. 8, connecting the Adriatic with the Black Sea through Albania, North Macedonia and Bulgaria. Of the 1,220 km of railway line along the corridor, 747 km are on the..
A little less than a month ago, Minister of Finance Temenuzhka Petkova presented, in Brussels, the headway Bulgaria has made along the road to joining the Eurozone. There, she stated that with its prudent fiscal policy, the country had earned its..
There are no plans for the privatization of the Vazovski Machine-Building Plants (VMZ) in Sopot, and the information circulating in this regard is..
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